Short Interest in Maiden Holdings North America, Ltd. (NYSE:MHNC) Declines By 16.7%

Maiden Holdings North America, Ltd. (NYSE:MHNCGet Free Report) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,000 shares, a drop of 16.7% from the March 15th total of 2,400 shares. Based on an average daily trading volume, of 5,800 shares, the short-interest ratio is presently 0.3 days.

Maiden Holdings North America Price Performance

NYSE:MHNC opened at $15.77 on Tuesday. Maiden Holdings North America has a 1-year low of $14.85 and a 1-year high of $19.97. The business’s fifty day moving average price is $16.37 and its 200 day moving average price is $17.12.

Maiden Holdings North America Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be paid a $0.4844 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.94 annualized dividend and a yield of 12.29%.

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