Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Declines By 81.3%

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 1,675 shares, a decrease of 81.3% from the February 12th total of 8,969 shares. Based on an average daily trading volume, of 5,359 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 5,359 shares, the short-interest ratio is presently 0.3 days.

Atlanticus Stock Performance

Atlanticus stock opened at $24.22 on Wednesday. Atlanticus has a one year low of $21.66 and a one year high of $25.00. The company has a 50-day simple moving average of $24.52 and a 200-day simple moving average of $24.21.

Atlanticus Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Sunday, March 1st will be paid a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend is Friday, February 27th.

Atlanticus Company Profile

Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.

Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.