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) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 15,803 shares, a growth of 185.8% from the January 15th total of 5,530 shares. Based on an average daily volume of 16,970 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 16,970 shares, the days-to-cover ratio is currently 0.9 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Up 0.0%

Shares of NASDAQ:ATLCZ opened at $25.58 on Friday. The business’s 50 day moving average is $25.52 and its 200 day moving average is $25.50. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 12-month low of $23.40 and a 12-month high of $25.89.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st were paid a $0.5781 dividend. The ex-dividend date 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.