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

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,492 shares, a decrease of 60.7% from the June 30th total of 3,801 shares. Based on an average trading volume of 4,515 shares, the days-to-cover ratio is presently 0.3 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Stock Up 0.1%

NASDAQ:ATLCL opened at $25.05 on Wednesday. The business’s 50-day moving average price is $25.16 and its two-hundred day moving average price is $25.03. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a twelve month low of $24.26 and a twelve month 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, August 3rd. Investors of record on Wednesday, July 15th will be given a $0.3828 dividend. This represents a $1.53 annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Wednesday, July 15th.

About Atlanticus Holdings Co. 6.125% Senior Notes due 2026

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.