Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Free Report) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 3,700 shares, a drop of 65.7% from the January 31st total of 10,800 shares. Based on an average daily trading volume, of 5,100 shares, the short-interest ratio is presently 0.7 days.
Atlanticus Stock Performance
Shares of NASDAQ:ATLCP opened at $23.69 on Friday. Atlanticus has a 52-week low of $21.66 and a 52-week high of $24.80. The stock’s fifty day simple moving average is $23.43 and its 200-day simple moving average is $23.22.
Atlanticus Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Saturday, March 1st will be issued a $0.4766 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.91 dividend on an annualized basis and a yield of 8.05%.
Atlanticus Company Profile
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.
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