Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Drops By 36.8%

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 9,974 shares, a decrease of 36.8% from the January 15th total of 15,790 shares. Based on an average daily trading volume, of 4,657 shares, the days-to-cover ratio is presently 2.1 days. Based on an average daily trading volume, of 4,657 shares, the days-to-cover ratio is presently 2.1 days.

Atlanticus Stock Performance

Shares of NASDAQ:ATLCP opened at $24.65 on Friday. Atlanticus has a 12 month low of $21.66 and a 12 month high of $25.00. The company’s fifty day simple moving average is $24.30 and its 200 day simple moving average is $23.99.

Atlanticus Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Sunday, March 1st will be issued a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Friday, February 27th.

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.