Short Interest in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Decreases By 78.9%

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 12,646 shares, a decrease of 78.9% from the February 26th total of 59,968 shares. Based on an average daily volume of 205,206 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Fiduciary Alliance LLC raised its holdings in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 25.8% in the 3rd quarter. Fiduciary Alliance LLC now owns 2,800 shares of the company’s stock worth $257,000 after purchasing an additional 575 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the third quarter worth approximately $86,000. Finally, Captrust Financial Advisors grew its position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 53.8% in the fourth quarter. Captrust Financial Advisors now owns 4,391 shares of the company’s stock worth $346,000 after buying an additional 1,536 shares during the last quarter.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Price Performance

Shares of NASDAQ STRK traded down $0.68 during midday trading on Thursday, reaching $74.53. 64,703 shares of the company traded hands, compared to its average volume of 180,651. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 52 week low of $71.40 and a 52 week high of $129.48. The stock has a 50-day moving average price of $79.79 and a 200 day moving average price of $84.57.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th will be given a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date is Friday, March 13th.

MicroStrategy Incorporated is a global leader in enterprise analytics and business intelligence software. The company develops and markets a comprehensive analytics platform that enables organizations to visualize and analyze data from multiple sources, build interactive dashboards, and deliver insights through web and mobile applications. Its product suite includes on-premise and cloud-based offerings, designed to support large-scale deployments across a wide range of industries, from financial services and healthcare to retail and manufacturing.

Founded in 1989 by Chairman and co-founder Michael Saylor and co-founder Sanju Bansal, MicroStrategy has grown from a boutique software startup into an established public company.