Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Increases By 250.0%

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 700 shares, an increase of 250.0% from the August 31st total of 200 shares. Based on an average trading volume of 4,700 shares, the short-interest ratio is presently 0.1 days.

Atlanticus Stock Performance

Shares of Atlanticus stock traded down $0.18 on Friday, reaching $22.82. 5,277 shares of the company were exchanged, compared to its average volume of 8,112. The stock’s 50 day moving average price is $22.86 and its 200-day moving average price is $22.93. Atlanticus has a 1-year low of $18.51 and a 1-year high of $24.80.

Atlanticus Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Sunday, September 1st were issued a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 8.35%. The ex-dividend date was Friday, August 30th.

About Atlanticus

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers.