Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Short Interest Down 52.9% in August

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2,917 shares, a decrease of 52.9% from the August 15th total of 6,188 shares. Based on an average daily volume of 17,970 shares, the days-to-cover ratio is presently 0.2 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Up 0.1%

NASDAQ:ATLCZ opened at $25.57 on Wednesday. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 52 week low of $24.72 and a 52 week high of $25.89. The firm’s fifty day moving average is $25.41 and its 200-day moving average is $25.41.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a $0.5781 dividend. This represents a $2.31 dividend on an annualized basis and a yield of 9.0%. The ex-dividend date was Wednesday, July 1st.

Atlanticus Holdings Co is a specialty finance holding company based in Cincinnati, Ohio, that offers a range of consumer credit products and associated servicing activities in the United States. Through its primary operating subsidiaries, CardWorks Servicing LLC and Atlanticus Receivables LLC, the company originates, acquires and services revolving credit card accounts and unsecured installment loans tailored to near-prime and subprime consumers.

Atlanticus’s credit card offerings include a variety of Visa-branded cards marketed through direct-response channels and an extensive network of third-party partners.