Short Interest in Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Decreases By 69.1%

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 3,249 shares, a drop of 69.1% from the April 15th total of 10,509 shares. Based on an average daily volume of 20,657 shares, the short-interest ratio is presently 0.2 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Performance

NASDAQ ATLCZ traded down $0.01 during trading on Thursday, reaching $25.50. The company’s stock had a trading volume of 12,065 shares, compared to its average volume of 24,009. The firm has a 50 day moving average price of $25.31 and a 200 day moving average price of $25.45. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 12 month low of $24.55 and a 12 month high of $25.89.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were given a dividend of $0.5781 per share. The ex-dividend date was Wednesday, April 1st. This represents a $2.31 annualized dividend and a dividend yield of 9.1%.

Atlanticus Holdings Co is a specialty finance holding company based in Cincinnati, Ohio, that offers a range of consumer credit products and associated servicing activities in the United States. Through its primary operating subsidiaries, CardWorks Servicing LLC and Atlanticus Receivables LLC, the company originates, acquires and services revolving credit card accounts and unsecured installment loans tailored to near-prime and subprime consumers.

Atlanticus’s credit card offerings include a variety of Visa-branded cards marketed through direct-response channels and an extensive network of third-party partners.