Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Sees Large Increase in Short Interest

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 27,700 shares, an increase of 21.0% from the December 15th total of 22,900 shares. Based on an average daily volume of 32,000 shares, the short-interest ratio is presently 0.9 days.

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

ATLCZ stock traded down $0.02 during trading hours on Friday, reaching $24.94. The stock had a trading volume of 24,016 shares, compared to its average volume of 33,983. The stock has a 50-day simple moving average of $25.05 and a 200 day simple moving average of $25.01. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a fifty-two week low of $24.05 and a fifty-two week high of $25.50.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were issued a dividend of $0.5781 per share. The ex-dividend date was Tuesday, December 31st. This represents a $2.31 dividend on an annualized basis and a yield of 9.27%. This is a boost from Atlanticus Holdings Co. 9.25% Senior Notes due 2029’s previous quarterly dividend of $0.58.