Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Update

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,962 shares, an increase of 138.4% from the June 15th total of 823 shares. Based on an average daily volume of 3,567 shares, the days-to-cover ratio is presently 0.6 days.

Atlanticus Price Performance

NASDAQ:ATLCP opened at $24.33 on Tuesday. Atlanticus has a 12 month low of $20.46 and a 12 month high of $25.00. The business’s 50-day moving average is $24.09 and its two-hundred day moving average is $23.94.

Atlanticus Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date was 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.