Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Up 27.3% in December

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 6,020 shares, an increase of 27.3% from the November 30th total of 4,728 shares. Based on an average daily volume of 4,015 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily volume of 4,015 shares, the days-to-cover ratio is presently 1.5 days.

Atlanticus Stock Down 0.6%

NASDAQ:ATLCP opened at $23.95 on Wednesday. Atlanticus has a twelve month low of $21.66 and a twelve month high of $25.00. The stock’s 50 day moving average price is $23.97 and its two-hundred day moving average price is $23.45.

Atlanticus Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were given a $0.4766 dividend. The ex-dividend date of this dividend was Monday, December 1st. This is a positive change from Atlanticus’s previous quarterly dividend of $0.48. This represents a $1.91 dividend on an annualized basis and a dividend yield of 8.0%.

Atlanticus Company Profile

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.