Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Up 232.0% in January

Atlanticus Holdings Co. (NASDAQ:ATLCP) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 8,300 shares, an increase of 232.0% from the December 31st total of 2,500 shares. Based on an average daily trading volume, of 5,300 shares, the short-interest ratio is currently 1.6 days.

Atlanticus Trading Up 0.3 %

ATLCP traded up $0.08 during trading on Thursday, hitting $23.60. The company’s stock had a trading volume of 3,790 shares, compared to its average volume of 4,705. The firm’s 50 day moving average price is $23.40 and its two-hundred day moving average price is $23.10. Atlanticus has a 12 month low of $21.49 and a 12 month high of $24.80.

Atlanticus Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Saturday, March 1st will be issued a dividend of $0.4766 per share. This represents a $1.91 annualized dividend and a yield of 8.08%. The ex-dividend date of this dividend is Friday, February 28th.

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.