Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Short Interest Update

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 817 shares, a decline 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 presently 0.1 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Stock Performance

NASDAQ:ATLCL traded down $0.01 during trading hours on Monday, reaching $25.11. 2,776 shares of the company were exchanged, compared to its average volume of 13,011. The stock has a 50 day simple moving average of $25.15 and a 200 day simple moving average of $25.07. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 52-week low of $24.51 and a 52-week high of $25.44.

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

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

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.