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

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 19,200 shares, a drop of 29.4% from the April 15th total of 27,200 shares. Based on an average daily volume of 14,100 shares, the short-interest ratio is currently 1.4 days.

Atlanticus Price Performance

Shares of Atlanticus stock opened at $23.40 on Friday. The company’s fifty day simple moving average is $23.14 and its two-hundred day simple moving average is $22.31. Atlanticus has a 12-month low of $16.63 and a 12-month high of $24.80.

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.