Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Update

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 5,200 shares, a drop of 55.6% from the October 31st total of 11,700 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is currently 1.1 days.

Atlanticus Price Performance

Shares of ATLCP stock traded up $0.24 during trading hours on Thursday, reaching $24.08. 4,783 shares of the stock were exchanged, compared to its average volume of 7,484. The company’s 50-day moving average price is $23.06 and its 200-day moving average price is $22.88. Atlanticus has a 12-month low of $20.54 and a 12-month high of $24.80.

Atlanticus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Sunday, December 1st will be given a dividend of $0.4766 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.91 annualized dividend and a dividend yield of 7.92%.

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.