Atlanticus Holdings Co. (NASDAQ:ATLCP) Sees Significant Decline in Short Interest

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,144 shares, a decline of 77.7% from the August 31st total of 5,141 shares. Based on an average trading volume of 3,969 shares, the days-to-cover ratio is presently 0.3 days.

Atlanticus Trading Up 0.3%

Shares of NASDAQ ATLCP traded up $0.06 during mid-day trading on Friday, reaching $24.02. 1,914 shares of the company’s stock were exchanged, compared to its average volume of 5,342. Atlanticus has a 52 week low of $20.46 and a 52 week high of $24.90. The firm has a 50-day moving average price of $24.20 and a two-hundred day moving average price of $23.84.

Atlanticus Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a dividend of $0.4766 per share. This represents a $1.91 dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date was Tuesday, September 1st.

Atlanticus Company Profile

Atlanticus Holdings Corporation is a financial technology company that provides credit and related financial services to consumers, particularly those who may have limited access to traditional banking products. The company uses technology, data analytics and servicing capabilities to facilitate lending and other financial solutions through partner institutions and its own platforms.

Atlanticus’ offerings include credit cards, personal loans, point-of-sale financing and automobile finance products.