Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Declines By 74.0%

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 510 shares, a decrease of 74.0% from the June 30th total of 1,962 shares. Based on an average daily trading volume, of 4,606 shares, the days-to-cover ratio is presently 0.1 days.

Atlanticus Trading Down 0.2%

Atlanticus stock opened at $24.45 on Tuesday. Atlanticus has a 1-year low of $20.46 and a 1-year high of $25.00. The firm has a 50 day simple moving average of $24.19 and a 200 day simple moving average of $23.96.

Atlanticus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend was Monday, June 1st.

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.