Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Down 74.0% in July

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 510 shares, a drop of 74.0% from the June 30th total of 1,962 shares. Based on an average daily trading volume, of 4,606 shares, the short-interest ratio is presently 0.1 days.

Atlanticus Price Performance

Shares of Atlanticus stock remained flat at $24.49 on Friday. 4,165 shares of the stock were exchanged, compared to its average volume of 5,748. The firm’s 50-day moving average price is $24.19 and its 200 day moving average price is $23.96. Atlanticus has a 52-week low of $20.46 and a 52-week high of $25.00.

Atlanticus Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.4766 dividend. This represents a $1.91 annualized dividend and a yield of 7.8%. The ex-dividend date was Monday, June 1st.

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.