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) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 27,700 shares, an increase of 21.0% from the December 31st total of 22,900 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is currently 0.9 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Performance

NASDAQ ATLCZ traded up $0.07 during mid-day trading on Friday, hitting $25.00. The company’s stock had a trading volume of 90,937 shares, compared to its average volume of 38,942. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a twelve month low of $24.05 and a twelve month high of $25.50. The company’s 50 day simple moving average is $25.05 and its 200 day simple moving average is $25.02.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were issued a dividend of $0.5781 per share. This is a positive change from Atlanticus Holdings Co. 9.25% Senior Notes due 2029’s previous quarterly dividend of $0.58. This represents a $2.31 dividend on an annualized basis and a yield of 9.25%. The ex-dividend date of this dividend was Tuesday, December 31st.