Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Sees Significant Decline in Short Interest

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 5,500 shares, a drop of 80.1% from the December 31st total of 27,700 shares. Based on an average daily volume of 33,100 shares, the short-interest ratio is presently 0.2 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Trading Up 0.3 %

Shares of ATLCZ traded up $0.07 during mid-day trading on Friday, reaching $25.00. 90,937 shares of the company’s stock traded hands, compared to its average volume of 38,942. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 12 month low of $24.05 and a 12 month high of $25.50. The stock’s 50-day moving average is $25.05 and its two-hundred day moving average is $25.02.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were paid a dividend of $0.5781 per share. This is a positive change from Atlanticus Holdings Co. 9.25% Senior Notes due 2029’s previous quarterly dividend of $0.58. This represents a $2.31 dividend on an annualized basis and a dividend yield of 9.25%. The ex-dividend date of this dividend was Tuesday, December 31st.