Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Rises By 830.0%

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 27,900 shares, a growth of 830.0% from the February 29th total of 3,000 shares. Based on an average daily trading volume, of 15,300 shares, the short-interest ratio is currently 1.8 days.

Atlanticus Price Performance

NASDAQ:ATLCP opened at $23.67 on Thursday. Atlanticus has a 1-year low of $16.30 and a 1-year high of $24.80. The business’s fifty day moving average price is $22.63 and its 200 day moving average price is $21.61.

Atlanticus Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a dividend of $0.4766 per share. This represents a $1.91 annualized dividend and a yield of 8.05%. The ex-dividend date of this dividend was Thursday, February 29th.

Atlanticus Company Profile

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.