Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Short Interest Update

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,729 shares, a decline of 43.7% from the May 31st total of 3,071 shares. Based on an average daily volume of 5,621 shares, the short-interest ratio is presently 0.3 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Price Performance

Shares of Atlanticus Holdings Co. 6.125% Senior Notes due 2026 stock traded up $0.08 during trading hours on Wednesday, hitting $25.19. 1,112 shares of the company were exchanged, compared to its average volume of 15,021. The business has a 50-day moving average of $25.10 and a 200-day moving average of $24.98. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 1 year low of $24.17 and a 1 year high of $25.44.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Wednesday, April 15th were given a dividend of $0.3828 per share. The ex-dividend date was Wednesday, April 15th. This represents a $1.53 dividend on an annualized basis and a yield of 6.1%.

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.