Maiden Holdings North America, Ltd. (NYSE:MHNC) Sees Large Growth in Short Interest

Maiden Holdings North America, Ltd. (NYSE:MHNCGet Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 13,200 shares, a growth of 4,300.0% from the December 31st total of 300 shares. Based on an average daily volume of 29,100 shares, the days-to-cover ratio is presently 0.5 days.

Maiden Holdings North America Stock Performance

Shares of MHNC stock opened at $17.30 on Wednesday. The business has a fifty day moving average of $17.02 and a 200 day moving average of $17.53. Maiden Holdings North America has a 1 year low of $15.60 and a 1 year high of $19.97.

Maiden Holdings North America Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Saturday, February 15th will be issued a dividend of $0.4844 per share. This is an increase from Maiden Holdings North America’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 11.20%.

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