Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Free Report) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 2,220 shares, a drop of 37.5% from the April 15th total of 3,550 shares. Based on an average daily volume of 4,136 shares, the days-to-cover ratio is currently 0.5 days.
Atlanticus Stock Performance
Atlanticus stock traded down $0.06 during trading on Monday, hitting $23.93. The company’s stock had a trading volume of 2,143 shares, compared to its average volume of 6,061. Atlanticus has a 1-year low of $20.46 and a 1-year high of $25.00. The stock’s fifty day moving average is $23.23 and its 200 day moving average is $23.89.
About Atlanticus
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.
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