Atlanticus Holdings Co. (NASDAQ:ATLCP) Sees Significant Growth in Short Interest

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 10,800 shares, an increase of 125.0% from the January 15th total of 4,800 shares. Based on an average daily trading volume, of 5,100 shares, the short-interest ratio is currently 2.1 days.

Atlanticus Stock Up 0.2 %

ATLCP opened at $23.69 on Thursday. The company has a 50 day moving average of $23.36 and a 200 day moving average of $23.15. Atlanticus has a 12 month low of $21.50 and a 12 month high of $24.80.

Atlanticus Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Saturday, March 1st will be issued a $0.4766 dividend. This represents a $1.91 annualized dividend and a yield of 8.05%. The ex-dividend date of this dividend is Friday, February 28th.

Atlanticus Company Profile

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers.