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

Maiden Holdings North America, Ltd. (NYSE:MHNC) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 7,194 shares, an increase of 1,265.1% from the November 30th total of 527 shares. Based on an average trading volume of 6,467 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 6,467 shares, the days-to-cover ratio is currently 1.1 days.

Maiden Holdings North America Price Performance

Shares of MHNC traded up $0.02 during trading hours on Thursday, reaching $15.77. The stock had a trading volume of 994 shares, compared to its average volume of 9,265. The firm has a 50-day moving average of $16.95 and a 200 day moving average of $17.20. Maiden Holdings North America has a 52 week low of $14.85 and a 52 week high of $18.54.

Maiden Holdings North America Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Saturday, November 15th were issued a $0.4844 dividend. This represents a $1.94 annualized dividend and a dividend yield of 12.3%. The ex-dividend date was Friday, November 14th.

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.