Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Rating) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,900 shares, a decrease of 31.0% from the March 31st total of 4,200 shares. Based on an average daily trading volume, of 8,300 shares, the days-to-cover ratio is presently 0.3 days.
Atlanticus Trading Down 0.9 %
Atlanticus stock traded down $0.15 during trading hours on Friday, hitting $17.20. 4,574 shares of the stock were exchanged, compared to its average volume of 7,810. Atlanticus has a 12 month low of $15.88 and a 12 month high of $24.62. The stock has a 50-day moving average of $18.30.
Get Atlanticus alerts:Atlanticus Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, March 15th. Stockholders of record on Wednesday, March 1st were paid a dividend of $0.4766 per share. The ex-dividend date of this dividend was Tuesday, February 28th. This represents a $1.91 annualized dividend and a dividend yield of 11.08%.
Atlanticus Company Profile
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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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