Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Drops By 30.4%

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a significant decrease in short interest in June. As of June 15th, there was short interest totalling 10,300 shares, a decrease of 30.4% from the May 31st total of 14,800 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 2.6 days.

Atlanticus Price Performance

Shares of NASDAQ ATLCP traded down $0.22 during midday trading on Friday, hitting $23.13. 693 shares of the company traded hands, compared to its average volume of 9,863. Atlanticus has a 12-month low of $18.51 and a 12-month high of $24.80. The stock has a 50-day moving average price of $22.59 and a 200 day moving average price of $22.72.

Atlanticus Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 15th. Shareholders of record on Saturday, June 1st were given a dividend of $0.4766 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $1.91 annualized dividend and a yield of 8.24%.

Atlanticus Company Profile

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.