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) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 3,267 shares, a growth of 174.3% from the February 12th total of 1,191 shares. Based on an average daily trading volume, of 7,323 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 7,323 shares, the short-interest ratio is presently 0.4 days.

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

ATLCL traded up $0.05 during midday trading on Thursday, hitting $25.04. 1,620 shares of the company traded hands, compared to its average volume of 21,185. The company’s 50-day moving average is $24.89 and its 200 day moving average is $24.88. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 52 week low of $23.70 and a 52 week high of $25.44.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 15th were given a dividend of $0.3828 per share. The ex-dividend date was Thursday, January 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.