Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Update

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 3,908 shares, an increase of 76.0% from the April 30th total of 2,220 shares. Based on an average daily volume of 4,537 shares, the short-interest ratio is presently 0.9 days.

Atlanticus Stock Performance

Shares of NASDAQ ATLCP traded up $0.15 during midday trading on Tuesday, reaching $24.11. The stock had a trading volume of 10,716 shares, compared to its average volume of 6,009. The stock has a 50-day moving average of $23.21 and a 200-day moving average of $23.89. Atlanticus has a 12-month low of $20.46 and a 12-month high of $25.00.

Atlanticus Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a dividend of $0.4766 per share. The ex-dividend date is Monday, June 1st. This represents a $1.91 dividend on an annualized basis and a yield of 7.9%.

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.