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

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 120,571 shares, a drop of 21.3% from the January 15th total of 153,203 shares. Based on an average trading volume of 147,082 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 147,082 shares, the short-interest ratio is presently 0.8 days.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Stock Up 3.0%

STRK stock traded up $2.28 during mid-day trading on Friday, reaching $78.00. The company had a trading volume of 155,811 shares, compared to its average volume of 212,954. 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 simple moving average of $82.96 and a two-hundred day simple moving average of $88.99.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $2.00 dividend. The ex-dividend date was Monday, December 15th. This represents a $8.00 dividend on an annualized basis and a yield of 10.3%.

Institutional Investors Weigh In On MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock

Several hedge funds have recently bought and sold shares of STRK. ORG Wealth Partners LLC bought a new position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the third quarter worth about $86,000. King Wealth Management Group acquired a new stake in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the second quarter valued at approximately $261,000. Fiduciary Alliance LLC boosted its stake in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 25.8% during the 3rd quarter. Fiduciary Alliance LLC now owns 2,800 shares of the company’s stock worth $257,000 after acquiring an additional 575 shares during the period. Finally, Hartline Investment Corp increased its holdings in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 559.0% during the 2nd quarter. Hartline Investment Corp now owns 69,619 shares of the company’s stock worth $8,425,000 after acquiring an additional 59,055 shares during the last quarter.

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.