Short Interest Worth Watching: Will Atlanticus Holdings Corporation (NASDAQ:ATLC) Run Out of Steam Soon? Short Interest Is Down

November 24, 2016 - By Hazel Jackson   ·   0 Comments

Short Interest Worth Watching: Will Atlanticus Holdings Corporation (NASDAQ:ATLC) Run Out of Steam Soon? Short Interest Is Down

The stock of Atlanticus Holdings Corporation (NASDAQ:ATLC) registered a decrease of 2.09% in short interest. ATLC’s total short interest was 921,600 shares in November as published by FINRA. Its down 2.09% from 941,300 shares, reported previously. With 2,700 shares average volume, it will take short sellers 341 days to cover their ATLC’s short positions. The short interest to Atlanticus Holdings Corporation’s float is 26.71%. The stock closed at $3.03 during the last session. It is down 0.00% since April 22, 2016 and is . It has underperformed by 5.41% the S&P500.

Atlanticus Holdings Corporation is focused on providing financial services. The company has a market cap of $42.16 million. Through its subsidiaries, the Company offers an array of financial services and products. It has a 13.38 P/E ratio. The Firm operates through two divisions: Credit and Other Investments, and Auto Finance.

Insitutional Activity: The institutional sentiment decreased to 0.63 in Q2 2016. Its down 0.37, from 1 in 2016Q1. The ratio worsened, as 2 funds sold all Atlanticus Holdings Corp shares owned while 4 reduced positions. 2 funds bought stakes while 4 increased positions. They now own 2.46 million shares or 4.93% less from 2.59 million shares in 2016Q1.
Blackrock Fund Advsrs owns 926 shares or 0% of their US portfolio. Nationwide Fund Advisors has 1,995 shares for 0% of their US portfolio. Northern Trust has 14,662 shares for 0% of their US portfolio. The North Carolina-based Savings Bank Of America De has invested 0% in Atlanticus Holdings Corp (NASDAQ:ATLC). Ls Advsrs Ltd Limited Liability Company has 0% invested in the company for 500 shares. Manufacturers Life Insurance The last reported 0% of its portfolio in the stock. Blackrock Advsr Ltd last reported 251 shares in the company. Ladenburg Thalmann Svcs Incorporated last reported 636 shares in the company. Blackrock Institutional Na owns 531,534 shares or 0% of their US portfolio. Morgan Stanley holds 246 shares or 0% of its portfolio. The New York-based National Bank & Trust Of New York Mellon Corp has invested 0% in Atlanticus Holdings Corp (NASDAQ:ATLC). Goldman Sachs Grp last reported 55,756 shares in the company. Baldwin Brothers Ma, a Massachusetts-based fund reported 150 shares. California Pub Employees Retirement Systems holds 0% or 18,829 shares in its portfolio. Css Limited Liability Il has invested 0.02% of its portfolio in Atlanticus Holdings Corp (NASDAQ:ATLC).

Insider Transactions: Since June 7, 2016, the stock had 0 insider purchases, and 1 insider sale for $109,900 net activity. $109,900 worth of Atlanticus Holdings Corp (NASDAQ:ATLC) shares were sold by ROSENCRANTS THOMAS G.

ATLC Company Profile

Atlanticus Holdings Corporation, incorporated on May 14, 2009, is focused on providing financial services. Through its subsidiaries, the Company offers an array of financial services and products. The Firm operates through two divisions: Credit and Other Investments, and Auto Finance. The Firm also provides loan servicing activities, including underwriting, marketing, customer service and collections activities for third parties.

More notable recent Atlanticus Holdings Corp (NASDAQ:ATLC) news were published by: Marketwired.com which released: “SOURCE: Atlanticus Holdings Corporation” on June 23, 2014, also Streetinsider.com with their article: “Form 8-K Atlanticus Holdings Corp For: Nov 26” published on December 02, 2014, Seekingalpha.com published: “Is Something Brewing With CompuCredit?” on October 25, 2010. More interesting news about Atlanticus Holdings Corp (NASDAQ:ATLC) were released by: Bloomberg.com and their article: “Hedge Funds Urge Consumer Bureau to Probe Firm They Short” published on October 30, 2013 as well as Bizjournals.com‘s news article titled: “Mozido of Texas gets $30M from Boston firm, adds former First Data CEO to board” with publication date: December 12, 2013.

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By Hazel Jackson

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