ATCO Ltd. (OTCMKTS:ACLLF – Get Free Report) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 639,800 shares, an increase of 27.2% from the February 28th total of 502,900 shares. Based on an average daily trading volume, of 26,200 shares, the days-to-cover ratio is presently 24.4 days.
ATCO Trading Up 0.3 %
ACLLF stock opened at $35.16 on Wednesday. The company has a 50 day moving average of $33.29 and a two-hundred day moving average of $33.85. ATCO has a 12-month low of $25.82 and a 12-month high of $36.10.
ATCO Cuts Dividend
The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were given a dividend of $0.3504 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a yield of 4.21%. ATCO’s payout ratio is 24.22%.
ATCO Company Profile
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.
Featured Stories
- Five stocks we like better than ATCO
- How to Invest in the Best Canadian Stocks
- D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy
- 5 Top Rated Dividend Stocks to Consider
- Amazon Falls Back to a Key Support Line: Here’s How to Play It
- What is the Hang Seng index?
- Buffett Trims Equities, But Still Keeps Buying This Stock
Receive News & Ratings for ATCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATCO and related companies with MarketBeat.com's FREE daily email newsletter.
