Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Sees Significant Increase in Short Interest

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCLGet Free Report) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 48,864 shares, a growth of 171.3% from the December 15th total of 18,009 shares. Based on an average daily trading volume, of 74,315 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 74,315 shares, the short-interest ratio is currently 0.7 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Trading Down 1.2%

Shares of ATLCL stock opened at $24.63 on Friday. The firm’s fifty day moving average price is $24.79 and its two-hundred day moving average price is $24.76. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 1 year low of $23.70 and a 1 year high of $25.44.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th will be issued a $0.3828 dividend. This represents a $1.53 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Thursday, January 15th.

About Atlanticus Holdings Co. 6.125% Senior Notes due 2026

(Get Free Report)

Atlanticus Holdings Co, together with its subsidiaries, provides consumer financial services, specializing in private-label credit and loyalty programs, installment loans and payment solutions. The company partners with banks and retail and service-based merchants—including automotive dealerships, furniture retailers and healthcare providers—to underwrite and administer credit products that cater to consumers with less-established credit histories.

Headquartered in Atlanta, Georgia, Atlanticus leverages proprietary underwriting technology to originate, acquire and service installment loans through its direct-to-consumer online platform, and manages portfolio servicing for co-branded credit card programs across the United States.

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