Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Sees Large Increase in Short Interest

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 5,003 shares, an increase of 195.0% from the September 30th total of 1,696 shares. Based on an average trading volume of 17,362 shares, the short-interest ratio is currently 0.3 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Trading Down 0.6%

ATLCZ stock traded down $0.14 during midday trading on Friday, reaching $25.18. 6,635 shares of the stock were exchanged, compared to its average volume of 19,291. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 52 week low of $24.72 and a 52 week high of $25.89. The company has a fifty day moving average price of $25.36 and a 200 day moving average price of $25.43.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were given a dividend of $0.5781 per share. This represents a $2.31 dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date was Thursday, October 1st.

Atlanticus Holdings Corporation is a financial technology company that provides credit and related financial services to consumers, with a focus on serving individuals who may have limited access to traditional financial products. The company primarily operates in the United States through partnerships with retailers, healthcare providers, automotive businesses and other merchants.

Its products and services include point-of-sale financing, private-label and general-purpose credit cards, personal lending and other consumer-credit solutions.