Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Short Interest Down 45.2% in July

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCLGet Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 817 shares, a drop of 45.2% from the July 15th total of 1,492 shares. Based on an average daily trading volume, of 6,935 shares, the days-to-cover ratio is currently 0.1 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Stock Up 0.1%

NASDAQ:ATLCL traded up $0.02 during midday trading on Tuesday, hitting $25.12. The company had a trading volume of 12,753 shares, compared to its average volume of 13,022. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 52-week low of $24.51 and a 52-week high of $25.44. The stock’s fifty day moving average price is $25.15 and its 200-day moving average price is $25.07.

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

The company also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Wednesday, July 15th were paid a dividend of $0.3828 per share. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.53 annualized dividend and a yield of 6.1%.

About Atlanticus Holdings Co. 6.125% Senior Notes due 2026

(Get Free Report)

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.

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