Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Free Report) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 2,220 shares, a drop of 37.5% from the April 15th total of 3,550 shares. Based on an average daily volume of 4,136 shares, the short-interest ratio is currently 0.5 days.
Atlanticus Trading Up 0.4%
ATLCP opened at $24.29 on Wednesday. The firm has a 50-day moving average price of $23.21 and a 200-day moving average price of $23.89. Atlanticus has a twelve month low of $20.46 and a twelve month high of $25.00.
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.
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