Short Interest in Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Drops By 70.1%

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 11,365 shares, a decrease of 70.1% from the June 30th total of 37,979 shares. Based on an average daily volume of 16,714 shares, the short-interest ratio is presently 0.7 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Performance

Shares of ATLCZ stock opened at $25.23 on Friday. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a one year low of $24.72 and a one year high of $25.89. The company’s fifty day moving average price is $25.48 and its 200-day moving average price is $25.44.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a $0.5781 dividend. This represents a $2.31 annualized dividend and a dividend yield of 9.2%. The ex-dividend date was Wednesday, July 1st.

Atlanticus Holdings Co is a specialty finance holding company based in Cincinnati, Ohio, that offers a range of consumer credit products and associated servicing activities in the United States. Through its primary operating subsidiaries, CardWorks Servicing LLC and Atlanticus Receivables LLC, the company originates, acquires and services revolving credit card accounts and unsecured installment loans tailored to near-prime and subprime consumers.

Atlanticus’s credit card offerings include a variety of Visa-branded cards marketed through direct-response channels and an extensive network of third-party partners.