Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Expands By 232.0%

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 8,300 shares, an increase of 232.0% from the December 31st total of 2,500 shares. Based on an average trading volume of 5,300 shares, the days-to-cover ratio is presently 1.6 days.

Atlanticus Trading Down 0.0 %

Shares of ATLCP stock opened at $23.47 on Wednesday. The company has a 50 day moving average price of $23.40 and a 200-day moving average price of $23.09. Atlanticus has a 52 week low of $21.49 and a 52 week high of $24.80.

Atlanticus Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Sunday, December 1st were paid a dividend of $0.4766 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.91 dividend on an annualized basis and a yield of 8.12%.

About Atlanticus

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers.