MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock (NASDAQ:STRF) Sees Large Decrease in Short Interest

MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock (NASDAQ:STRF) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 359,053 shares, a decline of 13.3% from the February 26th total of 413,971 shares. Based on an average daily volume of 150,565 shares, the short-interest ratio is currently 2.4 days.

MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock Stock Performance

NASDAQ STRF opened at $95.58 on Thursday. The company has a 50-day simple moving average of $99.00 and a two-hundred day simple moving average of $104.84. MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock has a 12-month low of $85.05 and a 12-month high of $127.80.

MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th were paid a $2.50 dividend. This represents a $10.00 dividend on an annualized basis and a yield of 10.5%. The ex-dividend date of this dividend was Friday, March 13th.

MicroStrategy Incorporated is a global provider of enterprise analytics and mobility software, offering solutions that enable organizations to analyze internal and external data in order to make informed business decisions. Founded in 1989 and headquartered in Tysons Corner, Virginia, the company has built a reputation for delivering scalable analytics platforms, cloud-based intelligence services and mobile applications to clients across diverse industries and geographies, including North America, Europe, Asia-Pacific and Latin America.

The 10.00% Series A Perpetual Preferred Stock, trading under the ticker STRF on the NASDAQ, represents a class of senior equity securities issued by MicroStrategy.