Atlanticus Holdings Co. (NASDAQ:ATLCP) Sees Significant Decline in Short Interest

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 3,700 shares, a decrease of 65.7% from the January 31st total of 10,800 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is currently 0.7 days.

Atlanticus Price Performance

Shares of NASDAQ:ATLCP opened at $23.78 on Friday. Atlanticus has a 12 month low of $21.66 and a 12 month high of $24.80. The company’s 50-day moving average price is $23.42 and its two-hundred day moving average price is $23.21.

Atlanticus Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Saturday, March 1st will be paid a dividend of $0.4766 per share. The ex-dividend date is Friday, February 28th. This represents a $1.91 annualized dividend and a dividend yield of 8.02%.

About Atlanticus

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers.