Short Interest in Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Decreases By 69.1%

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 3,249 shares, a drop of 69.1% from the April 15th total of 10,509 shares. Based on an average daily trading volume, of 20,657 shares, the short-interest ratio is currently 0.2 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Performance

Shares of NASDAQ ATLCZ traded down $0.01 during midday trading on Thursday, hitting $25.50. 12,065 shares of the company’s stock were exchanged, compared to its average volume of 24,009. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 12 month low of $24.55 and a 12 month high of $25.89. The company’s 50 day moving average price is $25.31 and its 200 day moving average price is $25.45.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.5781 per share. This represents a $2.31 dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend was Wednesday, April 1st.

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.