Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Sees Significant Drop in Short Interest

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) was the target of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 495 shares, a drop of 84.8% from the February 26th total of 3,267 shares. Based on an average trading volume of 12,760 shares, the days-to-cover ratio is presently 0.0 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Trading Up 0.1%

NASDAQ ATLCL opened at $24.99 on Thursday. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a one year low of $23.70 and a one year high of $25.44. The business’s fifty day moving average is $24.93 and its 200-day moving average is $24.88.

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

The business also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th were given a dividend of $0.3828 per share. This represents a $1.53 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend was Thursday, January 15th.

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.