Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Rating) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 3,200 shares, an increase of 60.0% from the January 15th total of 2,000 shares. Based on an average trading volume of 8,500 shares, the short-interest ratio is presently 0.4 days.

Atlanticus Trading Down 0.6 %

Shares of NASDAQ:ATLCP traded down $0.13 during trading on Tuesday, hitting $20.92. 3,320 shares of the stock were exchanged, compared to its average volume of 7,201. Atlanticus has a 1-year low of $16.20 and a 1-year high of $25.20. The company has a fifty day moving average price of $19.72.

Insider Transactions at Atlanticus

In other news, Director Deal W. Hudson sold 16,313 shares of the business's stock in a transaction on Friday, January 20th. The shares were sold at an average price of $30.65, for a total transaction of $499,993.45. Following the transaction, the director now directly owns 75,452 shares in the company, valued at approximately $2,312,603.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, Chairman David G. Hanna purchased 325,000 shares of Atlanticus stock in a transaction on Wednesday, December 7th. The stock was bought at an average price of $27.15 per share, with a total value of $8,823,750.00. Following the completion of the transaction, the chairman now directly 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 can be accessed through this link. Also, Director Deal W. Hudson sold 16,313 shares of the firm's stock in a transaction that occurred on Friday, January 20th. The shares were sold at an average price of $30.65, for a total value of $499,993.45. Following the completion of 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.

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