MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Short Interest Down 13.0% in February

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 59,968 shares, a drop of 13.0% from the February 12th total of 68,892 shares. Based on an average daily trading volume, of 103,844 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 103,844 shares, the days-to-cover ratio is presently 0.6 days.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Stock Down 0.4%

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock stock opened at $77.82 on Wednesday. The business has a 50 day moving average price of $81.14 and a two-hundred day moving average price of $85.32. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 12 month low of $71.40 and a 12 month high of $129.48.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be given a dividend of $2.00 per share. The ex-dividend date is Friday, March 13th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 10.3%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Captrust Financial Advisors boosted its stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 53.8% during the fourth quarter. Captrust Financial Advisors now owns 4,391 shares of the company’s stock worth $346,000 after buying an additional 1,536 shares in the last quarter. Fiduciary Alliance LLC lifted its holdings in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 7.0% during the 4th quarter. Fiduciary Alliance LLC now owns 2,997 shares of the company’s stock worth $236,000 after acquiring an additional 197 shares during the period. Finally, ORG Wealth Partners LLC bought a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the third quarter valued at about $86,000.

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.