Short Interest in Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Increases By 191.8%

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 9,479 shares, an increase of 191.8% from the April 30th total of 3,249 shares. Based on an average trading volume of 16,415 shares, the days-to-cover ratio is currently 0.6 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Performance

ATLCZ stock remained flat at $25.60 during trading on Friday. The company had a trading volume of 18,504 shares, compared to its average volume of 23,099. The stock’s 50-day moving average is $25.30 and its 200-day moving average is $25.45. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 52 week low of $24.55 and a 52 week high of $25.89.

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

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

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.