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

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 1,675 shares, a drop of 81.3% from the February 12th total of 8,969 shares. Based on an average daily volume of 5,359 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 5,359 shares, the short-interest ratio is presently 0.3 days.

Atlanticus Trading Down 1.1%

Atlanticus stock traded down $0.27 during mid-day trading on Tuesday, hitting $24.22. 7,851 shares of the company’s stock traded hands, compared to its average volume of 6,203. Atlanticus has a fifty-two week low of $21.66 and a fifty-two week high of $25.00. The firm has a 50 day simple moving average of $24.51 and a two-hundred day simple moving average of $24.20.

Atlanticus Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Sunday, March 1st will be issued 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 is Friday, February 27th.

Atlanticus Company Profile

Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.

Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.