Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Decreases By 52.3%

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,863 shares, a decrease of 52.3% from the May 14th total of 3,908 shares. Based on an average daily trading volume, of 4,997 shares, the days-to-cover ratio is currently 0.4 days.

Atlanticus Trading Down 1.3%

Shares of NASDAQ:ATLCP traded down $0.32 during trading on Friday, reaching $23.35. 3,142 shares of the stock traded hands, compared to its average volume of 6,236. The stock has a 50-day moving average of $23.45 and a two-hundred day moving average of $23.89. Atlanticus has a 52-week low of $20.46 and a 52-week high of $25.00.

Atlanticus Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.4766 per share. The ex-dividend date is Monday, June 1st. This represents a $1.91 dividend on an annualized basis and a yield of 8.2%.

About Atlanticus

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.