Short Interest in Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Declines By 69.1%

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 2,392 shares, a decline of 69.1% from the March 31st total of 7,748 shares. Based on an average trading volume of 9,694 shares, the short-interest ratio is presently 0.2 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Trading Down 0.0%

Shares of Atlanticus Holdings Co. 6.125% Senior Notes due 2026 stock opened at $25.00 on Monday. The firm has a fifty day moving average of $25.01 and a two-hundred day moving average of $24.88. 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 company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Wednesday, April 15th will be issued a $0.3828 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.53 annualized dividend and a dividend yield of 6.1%.

About Atlanticus Holdings Co. 6.125% Senior Notes due 2026

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.