Atlanticus Holdings Co. (NASDAQ:ATLCP) Sees Significant Growth in Short Interest

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a large increase in short interest in 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 NASDAQ:ATLCP opened at $23.69 on Thursday. The firm has a fifty day moving average price of $23.36 and a two-hundred day moving average price of $23.15. Atlanticus has a one year low of $21.50 and a one year high of $24.80.

Atlanticus Dividend Announcement

The company also recently declared 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. This represents a $1.91 annualized dividend and a yield of 8.05%. The ex-dividend date is Friday, February 28th.

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.