Short Interest in Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Decreases By 45.2%

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 817 shares, a drop of 45.2% from the July 15th total of 1,492 shares. Based on an average daily volume of 6,935 shares, the days-to-cover ratio is currently 0.1 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Stock Down 0.0%

Shares of NASDAQ ATLCL opened at $25.10 on Wednesday. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 1 year low of $24.51 and a 1 year high of $25.44. The firm’s 50-day moving average is $25.15 and its 200-day moving average is $25.07.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Wednesday, July 15th were issued a dividend of $0.3828 per share. This represents a $1.53 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Wednesday, July 15th.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Company Profile

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.