Short Interest in ATCO Ltd. (OTCMKTS:ACLLF) Rises By 10.9%

ATCO Ltd. (OTCMKTS:ACLLF) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 561,800 shares, an increase of 10.9% from the September 30th total of 506,700 shares. Based on an average trading volume of 15,800 shares, the short-interest ratio is currently 35.6 days.

ATCO Stock Performance

ACLLF opened at $34.63 on Wednesday. ATCO has a 1-year low of $25.15 and a 1-year high of $36.07. The stock’s 50 day simple moving average is $34.34 and its 200 day simple moving average is $30.96.

ATCO Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 6th were given a $0.3598 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This is a positive change from ATCO’s previous dividend of $0.36. This represents a dividend yield of 4.31%. ATCO’s dividend payout ratio is currently 24.22%.

About ATCO

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.