Short Interest in Maiden Holdings North America, Ltd. (NYSE:MHNC) Declines By 38.1%

Maiden Holdings North America, Ltd. (NYSE:MHNC) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,272 shares, a decrease of 38.1% from the August 15th total of 5,284 shares. Based on an average trading volume of 2,614 shares, the short-interest ratio is currently 1.3 days.

Maiden Holdings North America Trading Up 0.0%

NYSE MHNC traded up $0.00 during trading hours on Wednesday, reaching $10.83. The company had a trading volume of 941 shares, compared to its average volume of 4,439. The stock has a 50-day moving average of $11.70 and a 200 day moving average of $12.48. Maiden Holdings North America has a 1-year low of $10.75 and a 1-year high of $18.13.

Maiden Holdings North America Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th were issued a dividend of $0.4844 per share. This is a boost from Maiden Holdings North America’s previous quarterly dividend of $0.48. The ex-dividend date was Friday, August 14th. This represents a $1.94 dividend on an annualized basis and a yield of 17.9%.

Maiden Holdings North America Ltd. (NYSE: MHNC) is a specialty property and casualty reinsurer headquartered in Wilton, Connecticut. As a subsidiary of Bermuda-based Maiden Holdings, Ltd., the company provides treaty and facultative reinsurance solutions for primary insurers. Since its founding in 2007, Maiden Holdings North America has developed underwriting capabilities in property catastrophe, casualty, agriculture, surety and mortgage reinsurance, targeting niche segments where disciplined risk selection and tailored coverage can drive value.

The company’s product offerings include multi-year and annual treaty contracts, facultative reinsurance for individual risks, and run-off and legacy portfolio management services.