Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Down 55.6% in November

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 5,200 shares, a drop of 55.6% from the October 31st total of 11,700 shares. Based on an average trading volume of 4,700 shares, the days-to-cover ratio is presently 1.1 days.

Atlanticus Trading Up 1.6 %

Shares of NASDAQ ATLCP traded up $0.39 during mid-day trading on Friday, reaching $24.00. 1,447 shares of the company’s stock were exchanged, compared to its average volume of 7,457. The firm has a 50-day moving average price of $23.11 and a two-hundred day moving average price of $22.90. Atlanticus has a 52 week low of $20.55 and a 52 week high of $24.80.

Atlanticus Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Sunday, December 1st will be paid a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 7.94%. The ex-dividend date is Friday, November 29th.

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.