Short Interest in Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Increases By 56.5%

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 24,738 shares, an increase of 56.5% from the January 29th total of 15,803 shares. Based on an average daily volume of 10,581 shares, the days-to-cover ratio is presently 2.3 days. Based on an average daily volume of 10,581 shares, the days-to-cover ratio is presently 2.3 days.

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

NASDAQ ATLCZ opened at $25.58 on Friday. The company’s fifty day moving average is $25.56 and its two-hundred day moving average is $25.53. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 52-week low of $23.40 and a 52-week high of $25.89.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Thursday, January 1st were issued a $0.5781 dividend. This represents a $2.31 dividend on an annualized basis and a yield of 9.0%. The ex-dividend date was Wednesday, December 31st.

Atlanticus Holdings Co is a specialty finance holding company based in Cincinnati, Ohio, that offers a range of consumer credit products and associated servicing activities in the United States. Through its primary operating subsidiaries, CardWorks Servicing LLC and Atlanticus Receivables LLC, the company originates, acquires and services revolving credit card accounts and unsecured installment loans tailored to near-prime and subprime consumers.

Atlanticus’s credit card offerings include a variety of Visa-branded cards marketed through direct-response channels and an extensive network of third-party partners.