Atlanticus Holdings Co. (NASDAQ:ATLCP) Sees Significant Increase in Short Interest

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 8,300 shares, a growth of 232.0% from the December 15th total of 2,500 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is presently 1.6 days.

Atlanticus Price Performance

Shares of NASDAQ:ATLCP remained flat at $23.10 during trading on Wednesday. 342 shares of the stock were exchanged, compared to its average volume of 4,082. Atlanticus has a twelve month low of $20.75 and a twelve month high of $24.80. The firm’s fifty day moving average is $23.43 and its two-hundred day moving average is $23.07.

Atlanticus Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Sunday, December 1st were given a dividend of $0.4766 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.91 dividend on an annualized basis and a yield of 8.25%.

Atlanticus Company Profile

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.