Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Down 57.7% in November

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 2,200 shares, a decline of 57.7% from the November 15th total of 5,200 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is presently 0.5 days.

Atlanticus Trading Up 2.2 %

ATLCP traded up $0.50 during trading on Wednesday, reaching $23.63. 4,418 shares of the company’s stock were exchanged, compared to its average volume of 7,313. Atlanticus has a one year low of $20.75 and a one year high of $24.80. The firm has a fifty day moving average price of $23.26 and a two-hundred day moving average price of $22.96.

Atlanticus Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Sunday, December 1st will be paid a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 8.07%. The ex-dividend date is Friday, November 29th.

About Atlanticus

Atlanticus Holdings Corporation, a financial technology company, 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, and home-improvements by partnering with retailers, healthcare providers, and other service providers.