ATCO Ltd. (OTCMKTS:ACLLF) Short Interest Up 37.7% in February

ATCO Ltd. (OTCMKTS:ACLLF) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 502,900 shares, a growth of 37.7% from the February 13th total of 365,100 shares. Based on an average daily volume of 31,200 shares, the short-interest ratio is currently 16.1 days.

ATCO Stock Up 1.0 %

Shares of OTCMKTS ACLLF opened at $33.61 on Tuesday. ATCO has a fifty-two week low of $25.82 and a fifty-two week high of $36.10. The company has a 50 day simple moving average of $32.88 and a two-hundred day simple moving average of $33.78.

ATCO Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $0.3504 per share. This represents a dividend yield of 4.21%. The ex-dividend date is Thursday, February 27th. ATCO’s payout ratio is 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.