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

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 2,200 shares, a decrease of 57.7% from the November 15th total of 5,200 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 0.5 days.

Atlanticus Price Performance

Atlanticus stock traded down $0.24 during mid-day trading on Friday, reaching $23.50. 11,816 shares of the company’s stock were exchanged, compared to its average volume of 7,355. Atlanticus has a twelve month low of $20.75 and a twelve month high of $24.80. The company has a fifty day moving average of $23.29 and a 200-day moving average of $22.97.

Atlanticus Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Sunday, December 1st will be issued a $0.4766 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.91 dividend on an annualized basis and a yield of 8.11%.

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.