Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Short Interest Up 119.8% in June

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 3,801 shares, a growth of 119.8% from the June 15th total of 1,729 shares. Based on an average daily volume of 7,441 shares, the days-to-cover ratio is presently 0.5 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Trading Down 1.8%

Shares of Atlanticus Holdings Co. 6.125% Senior Notes due 2026 stock opened at $24.94 on Wednesday. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 12 month low of $24.17 and a 12 month high of $25.44. The business’s 50-day moving average price is $25.16 and its 200-day moving average price is $25.01.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Wednesday, July 15th will be given a dividend of $0.3828 per share. This represents a $1.53 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Wednesday, July 15th.

About Atlanticus Holdings Co. 6.125% Senior Notes due 2026

Atlanticus Holdings Co, together with its subsidiaries, provides consumer financial services, specializing in private-label credit and loyalty programs, installment loans and payment solutions. The company partners with banks and retail and service-based merchants—including automotive dealerships, furniture retailers and healthcare providers—to underwrite and administer credit products that cater to consumers with less-established credit histories.

Headquartered in Atlanta, Georgia, Atlanticus leverages proprietary underwriting technology to originate, acquire and service installment loans through its direct-to-consumer online platform, and manages portfolio servicing for co-branded credit card programs across the United States.