Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Update
by Doug Wharley · The Cerbat GemAtlanticus Holdings Co. (NASDAQ:ATLCP – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,144 shares, a decline of 77.7% from the August 31st total of 5,141 shares. Based on an average daily volume of 3,969 shares, the short-interest ratio is currently 0.3 days.
Atlanticus Stock Up 0.3%
Shares of NASDAQ ATLCP traded up $0.06 during trading hours on Friday, reaching $24.02. The stock had a trading volume of 1,914 shares, compared to its average volume of 5,342. The firm has a 50-day moving average of $24.20 and a 200-day moving average of $23.84. Atlanticus has a fifty-two week low of $20.46 and a fifty-two week high of $24.90.
Atlanticus Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a $0.4766 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.91 dividend on an annualized basis and a yield of 7.9%.
About Atlanticus
Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.
Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.