Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Short Interest Up 174.3% in February

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 3,267 shares, an increase of 174.3% from the February 12th total of 1,191 shares. Based on an average trading volume of 7,323 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 7,323 shares, the short-interest ratio is presently 0.4 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Stock Performance

NASDAQ ATLCL traded down $0.05 during mid-day trading on Friday, hitting $24.99. The stock had a trading volume of 3,478 shares, compared to its average volume of 20,862. The company has a 50 day simple moving average of $24.90 and a 200 day simple moving average of $24.88. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 52-week low of $23.70 and a 52-week high of $25.44.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th were issued a dividend of $0.3828 per share. This represents a $1.53 annualized dividend and a yield of 6.1%. The ex-dividend date was Thursday, January 15th.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Company Profile

Atlanticus Holdings Co, together with its subsidiaries, provides consumer financial services, specializing in private-label credit and loyalty programs, installment loans and payment solutions. The company partners with banks and retail and service-based merchants—including automotive dealerships, furniture retailers and healthcare providers—to underwrite and administer credit products that cater to consumers with less-established credit histories.

Headquartered in Atlanta, Georgia, Atlanticus leverages proprietary underwriting technology to originate, acquire and service installment loans through its direct-to-consumer online platform, and manages portfolio servicing for co-branded credit card programs across the United States.