Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Decreases By 52.3%

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 1,863 shares, a decrease of 52.3% from the May 14th total of 3,908 shares. Based on an average daily trading volume, of 4,997 shares, the short-interest ratio is currently 0.4 days.

Atlanticus Price Performance

ATLCP stock traded down $0.32 during trading on Friday, reaching $23.35. The company had a trading volume of 3,142 shares, compared to its average volume of 6,236. Atlanticus has a 52 week low of $20.46 and a 52 week high of $25.00. The business has a 50 day moving average of $23.45 and a 200 day moving average of $23.89.

Atlanticus Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Monday, June 1st.

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.