Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Short Interest Update

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 36,149 shares, a growth of 46.1% from the February 12th total of 24,738 shares. Based on an average daily trading volume, of 19,342 shares, the short-interest ratio is presently 1.9 days. Based on an average daily trading volume, of 19,342 shares, the short-interest ratio is presently 1.9 days.

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

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 stock opened at $25.56 on Friday. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 1 year low of $23.40 and a 1 year high of $25.89. The firm’s 50 day moving average price is $25.57 and its two-hundred day moving average price is $25.54.

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. Stockholders of record on Thursday, January 1st were paid a dividend of $0.5781 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.31 annualized dividend and a dividend yield of 9.0%.

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.