Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Free Report) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 823 shares, a drop of 55.8% from the May 31st total of 1,863 shares. Based on an average daily trading volume, of 8,405 shares, the days-to-cover ratio is presently 0.1 days.
Atlanticus Stock Down 0.1%
Shares of ATLCP stock opened at $24.21 on Monday. The company has a 50-day simple moving average of $23.84 and a 200 day simple moving average of $23.91. Atlanticus has a 52 week low of $20.46 and a 52 week high of $25.00.
Atlanticus Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.4766 dividend. This represents a $1.91 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend was Monday, June 1st.
About Atlanticus
Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.
Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.
Featured Articles
- Five stocks we like better than Atlanticus
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Receive News & Ratings for Atlanticus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlanticus and related companies with MarketBeat.com's FREE daily email newsletter.
