ATCO Ltd. (OTCMKTS:ACLLF) Short Interest Up 6.7% in August

ATCO Ltd. (OTCMKTS:ACLLF) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 506,600 shares, a growth of 6.7% from the August 15th total of 474,900 shares. Based on an average daily trading volume, of 24,300 shares, the days-to-cover ratio is currently 20.8 days.

ATCO Price Performance

ACLLF opened at $33.76 on Thursday. ATCO has a fifty-two week low of $24.00 and a fifty-two week high of $34.38. The stock has a fifty day moving average of $31.89 and a 200-day moving average of $29.51.

ATCO Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 6th will be issued a dividend of $0.3598 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a dividend yield of 4.31%. This is an increase from ATCO’s previous dividend of $0.36. ATCO’s dividend payout ratio (DPR) is currently 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.