Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Rating) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 3,200 shares, a growth of 60.0% from the January 15th total of 2,000 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is presently 0.4 days.
Atlanticus Stock Performance
ATLCP stock opened at $20.84 on Friday. The business's 50 day moving average price is $19.69. Atlanticus has a fifty-two week low of $16.20 and a fifty-two week high of $25.20.
Get
Atlanticus alerts:
Insider Activity
In related news, Chairman David G. Hanna acquired 325,000 shares of the company's stock in a transaction dated Wednesday, December 7th. The shares were purchased at an average price of $27.15 per share, for a total transaction of $8,823,750.00. Following the completion of the acquisition, the chairman now owns 325,000 shares of the company's stock, valued at $8,823,750. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. In other news, Chairman David G. Hanna purchased 325,000 shares of the company's stock in a transaction that occurred on Wednesday, December 7th. The shares were acquired at an average cost of $27.15 per share, with a total value of $8,823,750.00. Following the purchase, the chairman now owns 325,000 shares in the company, valued at $8,823,750. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Deal W. Hudson sold 16,313 shares of the company's stock in a transaction that occurred on Friday, January 20th. The stock was sold at an average price of $30.65, for a total value of $499,993.45. Following the transaction, the director now directly owns 75,452 shares in the company, valued at $2,312,603.80. The disclosure for this sale can be found here.
About Atlanticus
(Get Rating)
Atlanticus Holdings Corporation provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, educational services, and home-improvements by partnering with retailers and service providers.
Recommended Stories
- Get a free copy of the StockNews.com research report on Atlanticus (ATLCP)
- MarketBeat Week in Review – 2/6 – 2/10
- Will Snowflake Have Tough Sledding, Trying To Keep Rally Alive?
- The Bottom Is In For Cloudflare Stock
- 3 Tickers Leading a Meme Stock Revival
- Microsoft-Activision Blizzard Merger: Navigating Risk and Reward
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.
