Atlanticus Holdings Co. (NASDAQ:ATLCP – Get 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
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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