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

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the recipient of a large drop in short interest during the month of 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 trading volume of 103,844 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 103,844 shares, the short-interest ratio is presently 0.6 days.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Trading Down 0.5%

STRK opened at $78.16 on Tuesday. The stock has a 50-day moving average of $81.24 and a 200 day moving average of $85.44. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be paid a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 10.2%. The ex-dividend date of this dividend is Friday, March 13th.

Hedge Funds Weigh In On MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock

A number of institutional investors and hedge funds have recently modified their holdings of STRK. Fiduciary Alliance LLC increased its position 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 valued at $257,000 after purchasing an additional 575 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the third quarter worth $86,000. Finally, Captrust Financial Advisors lifted its position 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 worth $346,000 after buying an additional 1,536 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.