Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Short Interest Update

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 2,917 shares, a decline of 52.9% from the August 15th total of 6,188 shares. Based on an average trading volume of 17,970 shares, the short-interest ratio is presently 0.2 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Performance

NASDAQ ATLCZ opened at $25.49 on Monday. The stock’s 50-day simple moving average is $25.40 and its two-hundred day simple moving average is $25.41. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a twelve month low of $24.72 and a twelve month high of $25.89.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.5781 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.31 annualized dividend and a dividend yield of 9.1%.

Atlanticus Holdings Co is a specialty finance holding company based in Cincinnati, Ohio, that offers a range of consumer credit products and associated servicing activities in the United States. Through its primary operating subsidiaries, CardWorks Servicing LLC and Atlanticus Receivables LLC, the company originates, acquires and services revolving credit card accounts and unsecured installment loans tailored to near-prime and subprime consumers.

Atlanticus’s credit card offerings include a variety of Visa-branded cards marketed through direct-response channels and an extensive network of third-party partners.