Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Sees Large Decline in Short Interest

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 5,500 shares, a drop of 80.1% from the December 31st total of 27,700 shares. Based on an average daily trading volume, of 33,100 shares, the days-to-cover ratio is currently 0.2 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Trading Up 0.3 %

NASDAQ:ATLCZ traded up $0.07 during mid-day trading on Friday, hitting $25.00. 90,937 shares of the company’s stock were exchanged, compared to its average volume of 38,942. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a one year low of $24.05 and a one year high of $25.50. The business has a fifty day moving average price of $25.05 and a 200 day moving average price of $25.02.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were given a $0.5781 dividend. This is a boost from Atlanticus Holdings Co. 9.25% Senior Notes due 2029’s previous quarterly dividend of $0.58. This represents a $2.31 dividend on an annualized basis and a dividend yield of 9.25%. The ex-dividend date was Tuesday, December 31st.