Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Up 125.0% in January

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 10,800 shares, an increase of 125.0% from the January 15th total of 4,800 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is presently 2.1 days.

Atlanticus Price Performance

Shares of Atlanticus stock opened at $23.73 on Friday. The firm has a fifty day moving average price of $23.36 and a 200 day moving average price of $23.16. Atlanticus has a 1 year low of $21.60 and a 1 year high of $24.80.

Atlanticus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Saturday, March 1st will be issued a dividend of $0.4766 per share. The ex-dividend date is Friday, February 28th. This represents a $1.91 annualized dividend and a dividend yield of 8.03%.

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.