Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Increases By 138.4%

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 1,962 shares, an increase of 138.4% from the June 15th total of 823 shares. Based on an average daily volume of 3,567 shares, the short-interest ratio is presently 0.6 days.

Atlanticus Price Performance

Shares of ATLCP stock opened at $24.33 on Wednesday. The stock’s 50 day simple moving average is $24.10 and its 200 day simple moving average is $23.94. Atlanticus has a twelve month low of $20.46 and a twelve month high of $25.00.

Atlanticus Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.4766 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.91 dividend on an annualized basis and a dividend yield of 7.8%.

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.