Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Update

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 2,429 shares, a growth of 45.0% from the February 26th total of 1,675 shares. Based on an average trading volume of 4,008 shares, the short-interest ratio is presently 0.6 days.

Atlanticus Trading Down 3.2%

Shares of Atlanticus stock opened at $21.93 on Friday. The firm has a fifty day moving average of $24.33 and a two-hundred day moving average of $24.19. Atlanticus has a 52 week low of $20.46 and a 52 week high of $25.00.

Atlanticus Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Sunday, March 1st were issued a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date was Friday, February 27th.

About Atlanticus

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.