MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Sees Large Increase in Short Interest

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 10,923 shares, a growth of 163.6% from the May 31st total of 4,143 shares. Based on an average trading volume of 158,242 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Captrust Financial Advisors raised its holdings 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 valued at $346,000 after buying an additional 1,536 shares during the period. Fiduciary Alliance LLC grew its stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 7.0% during the fourth quarter. Fiduciary Alliance LLC now owns 2,997 shares of the company’s stock worth $236,000 after buying an additional 197 shares during the period. Finally, EverSource Wealth Advisors LLC purchased a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the first quarter worth approximately $104,000.

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

Shares of NASDAQ:STRK opened at $53.79 on Monday. The business has a 50-day moving average of $71.15 and a two-hundred day moving average of $76.75. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 12 month low of $49.80 and a 12 month high of $129.48.

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

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $2.00 per share. The ex-dividend date is Monday, June 15th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 14.9%.

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.