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 recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 59,968 shares, a decline 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.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. 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. ORG Wealth Partners LLC bought a new position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the third quarter valued at approximately $86,000. Finally, Captrust Financial Advisors increased its stake 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 valued at $346,000 after acquiring an additional 1,536 shares during the last quarter.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Price Performance

STRK opened at $75.63 on Thursday. 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 business’s fifty day moving average is $80.96 and its 200-day moving average is $85.25.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Sunday, March 15th will be given a dividend of $2.00 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $8.00 annualized dividend and a yield of 10.6%.

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.