Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Expands By 227.3%

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 7,200 shares, an increase of 227.3% from the February 28th total of 2,200 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is presently 1.6 days.

Atlanticus Price Performance

Atlanticus stock opened at $23.13 on Friday. The firm has a 50-day moving average price of $23.55 and a two-hundred day moving average price of $23.29. Atlanticus has a 52-week low of $21.66 and a 52-week high of $24.50.

Atlanticus Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Saturday, March 1st were issued a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 8.24%. The ex-dividend date of this dividend was 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.