Short Interest in Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Declines By 60.7%

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 1,492 shares, a decrease of 60.7% from the June 30th total of 3,801 shares. Based on an average trading volume of 4,515 shares, the short-interest ratio is presently 0.3 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Trading Up 0.1%

ATLCL stock opened at $25.07 on Monday. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 1-year low of $24.25 and a 1-year high of $25.44. The firm has a fifty day moving average price of $25.16 and a two-hundred day moving average price of $25.03.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Wednesday, July 15th will be given a dividend of $0.3828 per share. This represents a $1.53 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, July 15th.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Company Profile

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.