OneMain Holdings

OMF

OneMain Holdings, Inc. is an American financial services holding company headquartered in Evansville, Indiana, with central offices throughout the United States. The company wholly owns Springleaf Finance Corporation and its subsidiaries, through which it operates in the consumer finance and insurance industries as OneMain Financial. Its business primarily focuses on providing personal loans and optional insurance products to customers with limited access to traditional lenders, such as banks and credit card companies. OneMain in its present form is a result of Springleaf Holdings, Inc.’s acquisition of Baltimore-based OneMain Financial (formerly known as CitiFinancial) from Citigroup in September 2015, with OneMain becoming the surviving brand. As of December 2019, it had 1,600 branch offices in 44 states.

OneMain Holdings has been a target of short sellers for a while. The current short interest of 3.41% is roughly at the average of the last 12 months (4.14%).