Atlanticus Holdings Co. (NASDAQ:ATLCP) Sees Large Drop in Short Interest

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 3,700 shares, a decline of 65.7% from the January 31st total of 10,800 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is presently 0.7 days.

Atlanticus Trading Down 0.5 %

ATLCP opened at $23.69 on Friday. Atlanticus has a 12-month low of $21.66 and a 12-month high of $24.80. The stock has a 50-day moving average price of $23.43 and a 200-day moving average price of $23.22.

Atlanticus Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Saturday, March 1st will be given a dividend of $0.4766 per share. This represents a $1.91 dividend on an annualized basis and a yield of 8.05%. The ex-dividend date of this dividend is Friday, February 28th.

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.