Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 5,128 shares, a growth of 905.5% from the July 15th total of 510 shares. Based on an average daily volume of 3,028 shares, the days-to-cover ratio is currently 1.7 days.
Atlanticus Trading Down 0.1%
Shares of ATLCP stock traded down $0.03 during trading on Thursday, reaching $24.30. The company’s stock had a trading volume of 141 shares, compared to its average volume of 5,653. Atlanticus has a 1-year low of $20.46 and a 1-year high of $25.00. The stock’s 50-day moving average price is $24.25 and its 200 day moving average price is $23.96.
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.
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