Atlanticus Holdings Co. (NASDAQ:ATLCP) Sees Significant Decline in Short Interest

Atlanticus Holdings Co. (NASDAQ:ATLCPGet Free Report) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 9,974 shares, a drop of 36.8% from the January 15th total of 15,790 shares. Based on an average trading volume of 4,657 shares, the short-interest ratio is currently 2.1 days. Based on an average trading volume of 4,657 shares, the short-interest ratio is currently 2.1 days.

Atlanticus Trading Up 0.3%

NASDAQ:ATLCP opened at $24.75 on Friday. Atlanticus has a fifty-two week low of $21.66 and a fifty-two week high of $25.00. The stock has a fifty day moving average price of $24.28 and a 200-day moving average price of $23.97.

Atlanticus Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Sunday, March 1st will be paid a dividend of $0.4766 per share. This represents a $1.91 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Friday, February 27th.

Atlanticus Company Profile

(Get Free Report)

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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