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

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

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

Shares of Atlanticus Holdings Co. 9.25% Senior Notes due 2029 stock traded up $0.01 during trading hours on Friday, reaching $25.56. 832 shares of the company’s stock were exchanged, compared to its average volume of 23,928. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 1 year low of $24.55 and a 1 year high of $25.89. The business has a fifty day moving average of $25.30 and a two-hundred day moving average of $25.45.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were issued a $0.5781 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.31 dividend on an annualized basis and a dividend yield of 9.0%.

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.