Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Short Interest Up 21.0% in January

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 27,700 shares, a growth of 21.0% from the December 31st total of 22,900 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is currently 0.9 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Performance

Shares of Atlanticus Holdings Co. 9.25% Senior Notes due 2029 stock traded up $0.07 on Friday, hitting $25.00. 90,937 shares of the company traded hands, compared to its average volume of 38,942. The stock’s 50 day moving average price is $25.05 and its 200-day moving average price is $25.02. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 52 week low of $24.05 and a 52 week high of $25.50.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were given a dividend of $0.5781 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This is a positive change 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 yield of 9.25%.