Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Update

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 2,429 shares, a growth of 45.0% from the February 26th total of 1,675 shares. Based on an average trading volume of 4,008 shares, the short-interest ratio is currently 0.6 days.

Atlanticus Stock Performance

Shares of ATLCP stock opened at $21.93 on Monday. The business’s fifty day moving average is $24.33 and its 200-day moving average is $24.20. Atlanticus has a 1 year low of $20.46 and a 1 year high of $25.00.

Atlanticus Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Sunday, March 1st were paid a dividend of $0.4766 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.91 annualized dividend and a yield of 8.7%.

Atlanticus Company Profile

Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.

Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.