Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Shares Shorted: Short Interest Up 291.6% in October

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,009 shares, an increase of 291.6% from the September 30th total of 513 shares. Based on an average daily trading volume, of 5,728 shares, the short-interest ratio is currently 0.4 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Stock Performance

Shares of ATLCL stock remained flat at $24.98 during trading on Wednesday. The company had a trading volume of 4,231 shares, compared to its average volume of 11,621. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 1-year low of $24.55 and a 1-year high of $25.39. The business has a fifty day moving average price of $25.17 and a two-hundred day moving average price of $25.07.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 15th will be issued a $0.3828 dividend. This represents a $1.53 annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Thursday, October 15th.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Company Profile

Atlanticus Holdings Corporation is a financial technology and consumer finance company that provides credit and related financial products to consumers, particularly those who may have limited access to traditional banking services. Its offerings are designed to support purchases, personal borrowing and other everyday financing needs.

Through brands and partner channels, Atlanticus provides credit cards, point-of-sale financing, personal installment loans and automotive finance products.