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 decrease in short interest in January. As of January 15th, there was short interest totalling 700 shares, a decrease of 65.0% from the December 31st total of 2,000 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is currently 0.1 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Price Performance

Shares of NASDAQ:ATLCL traded down $0.10 during midday trading on Friday, reaching $24.00. 8,232 shares of the company’s stock were exchanged, compared to its average volume of 6,047. The company’s 50 day simple moving average is $23.87 and its two-hundred day simple moving average is $23.53. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 12 month low of $21.68 and a 12 month high of $24.30.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.3828 per share. This is a boost from Atlanticus Holdings Co. 6.125% Senior Notes due 2026’s previous quarterly dividend of $0.38. The ex-dividend date is Wednesday, January 15th. This represents a $1.53 dividend on an annualized basis and a yield of 6.38%.

About Atlanticus Holdings Co. 6.125% Senior Notes due 2026

atlanticus holdings corporation (“atlanticus”​) is a financial holding company with investments primarily in companies focused on providing financial services. our subsidiaries offer a broad array of financial products and services. www.atlanticus.com