Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Shares Shorted: Short Interest Up 195.0% in October

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 5,003 shares, a growth of 195.0% from the September 30th total of 1,696 shares. Based on an average daily trading volume, of 17,362 shares, the days-to-cover ratio is presently 0.3 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Down 0.7%

NASDAQ:ATLCZ opened at $25.15 on Friday. The business’s 50 day moving average is $25.36 and its two-hundred day moving average is $25.43. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 52 week low of $24.72 and a 52 week high of $25.89.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were issued a $0.5781 dividend. This represents a $2.31 dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date was Thursday, October 1st.

Atlanticus Holdings Corporation is a financial technology company that provides credit and related financial services to consumers, with a focus on serving individuals who may have limited access to traditional financial products. The company primarily operates in the United States through partnerships with retailers, healthcare providers, automotive businesses and other merchants.

Its products and services include point-of-sale financing, private-label and general-purpose credit cards, personal lending and other consumer-credit solutions.