Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Shares Shorted: Short Interest Up 195.0% in October

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 5,003 shares, a growth of 195.0% from the September 30th total of 1,696 shares. Based on an average trading volume of 17,362 shares, the days-to-cover ratio is currently 0.3 days.

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

Shares of ATLCZ stock traded down $0.10 on Thursday, reaching $25.30. 6,350 shares of the stock were exchanged, compared to its average volume of 19,349. The business’s 50 day moving average price is $25.36 and its 200 day moving average price is $25.43. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a twelve month low of $24.72 and a twelve month high of $25.89.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were paid a dividend of $0.5781 per share. This represents a $2.31 annualized dividend and a yield of 9.1%. The ex-dividend date was Thursday, October 1st.

Atlanticus Holdings Corporation is a financial technology company that provides credit and related financial services to consumers, with a focus on serving individuals who may have limited access to traditional financial products. The company primarily operates in the United States through partnerships with retailers, healthcare providers, automotive businesses and other merchants.

Its products and services include point-of-sale financing, private-label and general-purpose credit cards, personal lending and other consumer-credit solutions.