Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Sees Significant Increase in Short Interest

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,009 shares, an increase of 291.6% from the September 30th total of 513 shares. Based on an average trading volume of 5,728 shares, the days-to-cover ratio is currently 0.4 days.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Price Performance

ATLCL stock remained flat at $24.98 during mid-day trading on Wednesday. 4,231 shares of the company’s stock traded hands, compared to its average volume of 11,621. Atlanticus Holdings Co. 6.125% Senior Notes due 2026 has a 1 year low of $24.55 and a 1 year high of $25.39. The business has a fifty day simple moving average of $25.17 and a 200 day simple moving average of $25.07.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.3828 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 6.1%.

About Atlanticus Holdings Co. 6.125% Senior Notes due 2026

(Get Free Report)

Atlanticus Holdings Corporation is a financial technology and consumer finance company that provides credit and related financial products to consumers, particularly those who may have limited access to traditional banking services. Its offerings are designed to support purchases, personal borrowing and other everyday financing needs.

Through brands and partner channels, Atlanticus provides credit cards, point-of-sale financing, personal installment loans and automotive finance products.

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