Short Interest in Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Expands By 160.3%

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 12,895 shares, a growth of 160.3% from the November 30th total of 4,953 shares. Based on an average trading volume of 32,725 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 32,725 shares, the short-interest ratio is currently 0.4 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Trading Up 0.1%

NASDAQ:ATLCZ opened at $25.69 on Friday. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a one year low of $23.40 and a one year high of $25.86. The business’s 50-day simple moving average is $25.48 and its 200 day simple moving average is $25.36.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st will be paid a dividend of $0.5781 per share. This represents a $2.31 annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Wednesday, December 31st.

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.