Short Interest in Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Increases By 56.5%

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 24,738 shares, a growth of 56.5% from the January 29th total of 15,803 shares. Based on an average daily trading volume, of 10,581 shares, the short-interest ratio is currently 2.3 days. Based on an average daily trading volume, of 10,581 shares, the short-interest ratio is currently 2.3 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Down 0.2%

Shares of Atlanticus Holdings Co. 9.25% Senior Notes due 2029 stock opened at $25.58 on Friday. The stock’s fifty day simple moving average is $25.56 and its 200 day simple moving average is $25.53. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 12 month low of $23.40 and a 12 month high of $25.89.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st were given a dividend of $0.5781 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.31 dividend on an annualized basis and a dividend yield of 9.0%.

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.