Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Short Interest Up 352.2% in June

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 37,979 shares, an increase of 352.2% from the June 15th total of 8,399 shares. Based on an average daily volume of 22,734 shares, the short-interest ratio is currently 1.7 days.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Price Performance

NASDAQ:ATLCZ remained flat at $25.41 during mid-day trading on Friday. The company’s stock had a trading volume of 8,294 shares, compared to its average volume of 22,049. The business has a 50-day simple moving average of $25.50 and a two-hundred day simple moving average of $25.46. Atlanticus Holdings Co. 9.25% Senior Notes due 2029 has a one year low of $24.72 and a one year high of $25.89.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a $0.5781 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $2.31 dividend on an annualized basis and a dividend yield of 9.1%.

Atlanticus Holdings Co is a specialty finance holding company based in Cincinnati, Ohio, that offers a range of consumer credit products and associated servicing activities in the United States. Through its primary operating subsidiaries, CardWorks Servicing LLC and Atlanticus Receivables LLC, the company originates, acquires and services revolving credit card accounts and unsecured installment loans tailored to near-prime and subprime consumers.

Atlanticus’s credit card offerings include a variety of Visa-branded cards marketed through direct-response channels and an extensive network of third-party partners.

Featured Stories

Receive News & Ratings for Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlanticus Holdings Co. 9.25% Senior Notes due 2029 and related companies with MarketBeat.com's FREE daily email newsletter.