Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Up 13.6% in December

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,500 shares, a growth of 13.6% from the November 30th total of 2,200 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is currently 0.5 days.

Atlanticus Stock Performance

NASDAQ ATLCP remained flat at $22.98 on Tuesday. The company’s stock had a trading volume of 12,461 shares, compared to its average volume of 7,338. The stock’s 50 day simple moving average is $23.40 and its two-hundred day simple moving average is $23.07. Atlanticus has a 1-year low of $20.75 and a 1-year high of $24.80.

Atlanticus Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Sunday, December 1st were paid a $0.4766 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.91 annualized dividend and a yield of 8.30%.

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.