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

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 510 shares, a drop of 74.0% from the June 30th total of 1,962 shares. Based on an average daily trading volume, of 4,606 shares, the short-interest ratio is currently 0.1 days.

Atlanticus Stock Down 0.2%

Atlanticus stock traded down $0.04 during mid-day trading on Monday, reaching $24.45. 4,332 shares of the stock traded hands, compared to its average volume of 5,737. Atlanticus has a 12-month low of $20.46 and a 12-month high of $25.00. The business’s 50-day moving average is $24.19 and its 200-day moving average is $23.96.

Atlanticus Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.4766 dividend. This represents a $1.91 annualized dividend and a dividend yield of 7.8%. The ex-dividend date was Monday, June 1st.

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.