MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Short Interest Update

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 6,821 shares, a decrease of 77.2% from the March 31st total of 29,906 shares. Based on an average trading volume of 108,596 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. ORG Wealth Partners LLC purchased a new position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the 3rd quarter worth approximately $86,000. Fiduciary Alliance LLC grew its stake in 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 buying an additional 197 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 53.8% during the 4th 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 – 8.00% Series A Perpetual Strike Preferred Stock Trading Down 0.7%

STRK opened at $77.57 on Friday. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a one year low of $65.12 and a one year high of $129.48. The business’s 50-day simple moving average is $76.35 and its 200-day simple moving average is $81.48.

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

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

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.