Short Interest in Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Grows By 171.3%

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 48,864 shares, an increase of 171.3% from the December 15th total of 18,009 shares. Based on an average trading volume of 74,315 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 74,315 shares, the short-interest ratio is currently 0.7 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Stock Up 0.5%

Shares of NASDAQ ATLCL opened at $24.92 on Thursday. The business has a fifty day moving average price of $24.80 and a two-hundred day moving average price of $24.76. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a fifty-two week low of $23.65 and a fifty-two week high of $25.44.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 15th will be paid a $0.3828 dividend. This represents a $1.53 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Thursday, January 15th.

About Atlanticus Holdings Co. 6.125% Senior Notes due 2026

Atlanticus Holdings Co, together with its subsidiaries, provides consumer financial services, specializing in private-label credit and loyalty programs, installment loans and payment solutions. The company partners with banks and retail and service-based merchants—including automotive dealerships, furniture retailers and healthcare providers—to underwrite and administer credit products that cater to consumers with less-established credit histories.

Headquartered in Atlanta, Georgia, Atlanticus leverages proprietary underwriting technology to originate, acquire and service installment loans through its direct-to-consumer online platform, and manages portfolio servicing for co-branded credit card programs across the United States.