Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Rises By 905.5%

Atlanticus Holdings Co. (NASDAQ:ATLCPGet Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 5,128 shares, a growth of 905.5% from the July 15th total of 510 shares. Based on an average trading volume of 3,028 shares, the short-interest ratio is presently 1.7 days.

Atlanticus Price Performance

NASDAQ:ATLCP traded down $0.35 during mid-day trading on Tuesday, reaching $24.10. 10,190 shares of the company’s stock were exchanged, compared to its average volume of 5,674. Atlanticus has a one year low of $20.46 and a one year high of $25.00. The business’s fifty day simple moving average is $24.25 and its two-hundred day simple moving average is $23.96.

About Atlanticus

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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.

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