Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Sees Large Growth in Short Interest

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 2,009 shares, a growth of 291.6% from the September 30th total of 513 shares. Based on an average daily volume of 5,728 shares, the short-interest ratio is presently 0.4 days.

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

ATLCL stock traded up $0.01 during trading on Thursday, reaching $25.00. 4,595 shares of the company were exchanged, compared to its average volume of 11,587. The stock’s 50 day moving average price is $25.17 and its 200 day moving average price is $25.07. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 52-week low of $24.55 and a 52-week high of $25.39.

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, November 2nd. Investors of record on Thursday, October 15th will be paid a $0.3828 dividend. This represents a $1.53 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Thursday, October 15th.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Company Profile

Atlanticus Holdings Corporation is a financial technology and consumer finance company that provides credit and related financial products to consumers, particularly those who may have limited access to traditional banking services. Its offerings are designed to support purchases, personal borrowing and other everyday financing needs.

Through brands and partner channels, Atlanticus provides credit cards, point-of-sale financing, personal installment loans and automotive finance products.