Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Down 55.8% in June

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 823 shares, a drop of 55.8% from the May 31st total of 1,863 shares. Based on an average daily volume of 8,405 shares, the short-interest ratio is currently 0.1 days.

Atlanticus Price Performance

Shares of NASDAQ ATLCP opened at $24.21 on Monday. The business’s 50 day moving average price is $23.84 and its two-hundred day moving average price is $23.91. Atlanticus has a twelve month low of $20.46 and a twelve month high of $25.00.

Atlanticus Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued 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 7.9%.

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.