Atlanticus Holdings Co. (NASDAQ:ATLCP) Shares Shorted: Short Interest Down 65.2% in October

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 104 shares, a decline of 65.2% from the September 30th total of 299 shares. Based on an average daily volume of 4,950 shares, the short-interest ratio is currently 0.0 days.

Atlanticus Stock Performance

Shares of ATLCP stock traded down $0.44 during midday trading on Friday, hitting $21.01. 8,721 shares of the company were exchanged, compared to its average volume of 5,539. The firm’s 50 day moving average price is $23.33 and its two-hundred day moving average price is $23.83. Atlanticus has a 52 week low of $20.46 and a 52 week high of $24.90.

Atlanticus Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.4766 per share. The ex-dividend date was Tuesday, September 1st. This represents a $1.91 annualized dividend and a yield of 9.1%.

About Atlanticus

Atlanticus Holdings Corporation is a financial technology and credit services company that develops and manages credit products for consumers who may have limited access to traditional forms of credit. Through its technology platforms and partner relationships, the company provides point-of-sale financing, credit card programs, personal installment loans and other consumer finance products.

Atlanticus supports the delivery, underwriting, servicing and administration of credit accounts, using data-driven tools designed to help financial institutions and merchants reach underserved and near-prime consumers.