From MarketBeat:

Atmos Energy Co. experienced a large drop in short interest in December, with short interest totalling 4,010,000 shares, a 33.1% drop from November. The company’s average daily volume is 1,170,000 shares, resulting in a current days-to-cover ratio of 3.4 days. Several research analysts have issued ratings for Atmos Energy, with an average rating of “Hold” and an average target price of $122.43.

Atmos Energy’s corporate insiders have recently sold shares of the business’s stock, including VP Richard M. Thomas and Director Kim R. Cocklin. Large investors have also bought and sold shares of the stock, with hedge funds owning 90.98% of the company’s stock.

Shares of ATO stock traded down 0.2% on Friday, reaching $115.90. The company has a 12-month low of $101.00 and a 12-month high of $125.28. Atmos Energy last announced its quarterly earnings data on Thursday, November 9th, reporting $0.80 earnings per share for the quarter.

Atmos Energy increased its quarterly dividend to $0.805 per share from $0.74, representing a $3.22 dividend on an annualized basis and a yield of 2.78%. The company’s dividend payout ratio (DPR) is presently 52.53%. Atmos Energy Corporation operates through its subsidiaries, engaging in the regulated natural gas distribution, pipeline, and storage businesses in the United States.



Read more: Atmos Energy Co. (NYSE:ATO) Short Interest Update