Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Short Interest Up 21.0% in January

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 27,700 shares, an increase of 21.0% from the December 31st total of 22,900 shares. Based on an average trading volume of 32,000 shares, the days-to-cover ratio is presently 0.9 days.

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

Shares of NASDAQ:ATLCZ traded up $0.07 on Friday, hitting $25.00. 90,937 shares of the company were exchanged, compared to its average volume of 38,942. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a 1-year low of $24.05 and a 1-year high of $25.50. The stock’s 50 day moving average price is $25.05 and its 200 day moving average price is $25.02.

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

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