Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Down 55.8% in June

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 823 shares, a drop of 55.8% from the May 31st total of 1,863 shares. Based on an average daily volume of 8,405 shares, the short-interest ratio is presently 0.1 days.

Atlanticus Stock Performance

Shares of NASDAQ:ATLCP traded up $0.17 during trading on Wednesday, reaching $24.38. The stock had a trading volume of 482 shares, compared to its average volume of 5,955. The business has a fifty day moving average price of $23.89 and a 200-day moving average price of $23.91. Atlanticus has a fifty-two week low of $20.46 and a fifty-two week high of $25.00.

Atlanticus Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.4766 dividend. This represents a $1.91 annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend was Monday, June 1st.

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.