Short Interest in Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Expands By 185.8%

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 15,803 shares, a growth of 185.8% from the January 15th total of 5,530 shares. Based on an average trading volume of 16,970 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 16,970 shares, the days-to-cover ratio is presently 0.9 days.

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

ATLCZ opened at $25.58 on Friday. The stock’s fifty day simple moving average is $25.53 and its 200 day simple moving average is $25.50. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 1-year low of $23.40 and a 1-year high of $25.89.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 1st were issued a $0.5781 dividend. This represents a $2.31 annualized dividend and a dividend yield of 9.0%. The ex-dividend date was Wednesday, December 31st.

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.