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 significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 59,968 shares, a decrease of 13.0% from the February 12th total of 68,892 shares. Based on an average trading volume of 103,844 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 103,844 shares, the days-to-cover ratio is currently 0.6 days.

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

Shares of STRK stock opened at $78.16 on Tuesday. The company’s fifty day simple moving average is $81.24 and its two-hundred day simple moving average is $85.44. 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.

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

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Sunday, March 15th will be given a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date is Friday, March 13th.

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

Several institutional investors have recently added to or reduced their stakes in STRK. Fiduciary Alliance LLC increased its stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 25.8% in the 3rd quarter. Fiduciary Alliance LLC now owns 2,800 shares of the company’s stock worth $257,000 after acquiring an additional 575 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of 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 valued at $346,000 after acquiring an additional 1,536 shares during the last quarter. Finally, ORG Wealth Partners LLC bought a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the 3rd quarter valued at approximately $86,000.

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.