Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Up 905.5% in July

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 5,128 shares, an increase of 905.5% from the July 15th total of 510 shares. Based on an average daily volume of 3,028 shares, the days-to-cover ratio is currently 1.7 days.

Atlanticus Stock Down 1.4%

Shares of NASDAQ ATLCP traded down $0.35 during mid-day trading on Tuesday, reaching $24.10. The company had a trading volume of 10,190 shares, compared to its average volume of 5,674. The business’s 50-day simple moving average is $24.25 and its 200 day simple moving average is $23.96. Atlanticus has a one year low of $20.46 and a one year high of $25.00.

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.