Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Short Interest Down 84.9% in February

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,191 shares, a decrease of 84.9% from the January 29th total of 7,884 shares. Based on an average daily trading volume, of 11,952 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 11,952 shares, the short-interest ratio is presently 0.1 days.

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

Shares of NASDAQ ATLCL opened at $25.00 on Thursday. The firm’s 50-day moving average price is $24.84 and its two-hundred day moving average price is $24.87. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 52-week low of $23.70 and a 52-week high of $25.44.

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

The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 15th were issued a $0.3828 dividend. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $1.53 annualized dividend and a dividend 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.