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

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 4,800 shares, a drop of 42.2% from the December 31st total of 8,300 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is presently 0.9 days.

Atlanticus Stock Up 0.4 %

ATLCP stock traded up $0.09 during mid-day trading on Friday, reaching $23.69. 1,394 shares of the stock traded hands, compared to its average volume of 4,528. The business has a 50-day moving average of $23.39 and a two-hundred day moving average of $23.10. Atlanticus has a 52 week low of $21.49 and a 52 week high of $24.80.

Atlanticus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Saturday, March 1st will be issued a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 8.05%. The ex-dividend date of this dividend is Friday, February 28th.

About Atlanticus

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers.