Maiden Holdings North America, Ltd. (NYSE:MHNC) Short Interest Update

Maiden Holdings North America, Ltd. (NYSE:MHNC) saw a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 5,654 shares, a decline of 21.0% from the January 15th total of 7,156 shares. Based on an average daily volume of 3,005 shares, the short-interest ratio is currently 1.9 days. Based on an average daily volume of 3,005 shares, the short-interest ratio is currently 1.9 days.

Maiden Holdings North America Stock Performance

Shares of NYSE:MHNC traded down $0.67 on Monday, reaching $14.90. The company’s stock had a trading volume of 4,227 shares, compared to its average volume of 3,505. The company has a 50-day simple moving average of $15.69 and a 200 day simple moving average of $16.85. Maiden Holdings North America has a 52-week low of $14.85 and a 52-week high of $18.54.

Maiden Holdings North America Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Sunday, February 15th will be given a $0.4844 dividend. This is an increase from Maiden Holdings North America’s previous quarterly dividend of $0.48. This represents a $1.94 annualized dividend and a yield of 13.0%. The ex-dividend date is Friday, February 13th.

Maiden Holdings North America Ltd. (NYSE: MHNC) is a specialty property and casualty reinsurer headquartered in Wilton, Connecticut. As a subsidiary of Bermuda-based Maiden Holdings, Ltd., the company provides treaty and facultative reinsurance solutions for primary insurers. Since its founding in 2007, Maiden Holdings North America has developed underwriting capabilities in property catastrophe, casualty, agriculture, surety and mortgage reinsurance, targeting niche segments where disciplined risk selection and tailored coverage can drive value.

The company’s product offerings include multi-year and annual treaty contracts, facultative reinsurance for individual risks, and run-off and legacy portfolio management services.