Atlanticus Holdings Co. (NASDAQ:ATLCP) Stock Short Interest Declines 73.9%

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 299 shares, a drop of 73.9% from the September 15th total of 1,144 shares. Based on an average daily volume of 2,884 shares, the days-to-cover ratio is presently 0.1 days.

Atlanticus Stock Down 1.6%

Shares of ATLCP stock traded down $0.38 on Tuesday, reaching $22.62. 1,513 shares of the company were exchanged, compared to its average volume of 5,283. The business has a 50-day moving average price of $23.99 and a 200 day moving average price of $23.80. Atlanticus has a 1 year low of $20.46 and a 1 year high of $24.90.

Atlanticus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $0.4766 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.91 dividend on an annualized basis and a yield of 8.4%.

Atlanticus Company Profile

Atlanticus Holdings Corporation is a financial technology company that provides credit and related financial services to consumers, particularly those who may have limited access to traditional banking products. The company uses technology, data analytics and servicing capabilities to facilitate lending and other financial solutions through partner institutions and its own platforms.

Atlanticus’ offerings include credit cards, personal loans, point-of-sale financing and automobile finance products.