Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Rating) saw a large growth in short interest during the month of December. As of December 30th, there was short interest totalling 1,500 shares, a growth of 1,400.0% from the December 15th total of 100 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is currently 0.2 days.
Atlanticus Price Performance
Shares of ATLCP opened at $21.30 on Wednesday. Atlanticus has a 12-month low of $16.20 and a 12-month high of $25.55.
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In other news, Chairman David G. Hanna bought 325,000 shares of the stock in a transaction dated Wednesday, December 7th. The shares were acquired at an average price of $27.15 per share, with a total value of $8,823,750.00. Following the completion of the acquisition, the chairman now directly owns 325,000 shares in the company, valued at $8,823,750. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.
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.
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