Short Interest in Atlanticus Holdings Co. (NASDAQ:ATLCP) Drops By 54.2%

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 27,200 shares, a decline of 54.2% from the March 31st total of 59,400 shares. Based on an average daily volume of 15,700 shares, the days-to-cover ratio is presently 1.7 days.

Atlanticus Stock Down 1.1 %

Atlanticus stock traded down $0.25 during midday trading on Friday, hitting $22.21. 5,852 shares of the stock were exchanged, compared to its average volume of 13,363. Atlanticus has a 52-week low of $16.30 and a 52-week high of $24.80. The business’s 50-day moving average price is $23.03 and its 200-day moving average price is $22.13.

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.