MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Short Interest Up 163.6% in June

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 10,923 shares, an increase of 163.6% from the May 31st total of 4,143 shares. Based on an average daily volume of 158,242 shares, the short-interest ratio is presently 0.1 days.

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

Shares of NASDAQ:STRK traded down $1.72 during trading on Tuesday, hitting $57.77. 201,518 shares of the stock traded hands, compared to its average volume of 176,396. The company has a fifty day moving average price of $70.84 and a two-hundred day moving average price of $76.56. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 52-week low of $49.80 and a 52-week high of $129.48.

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, June 30th. Shareholders of record on Monday, June 15th will be issued a $2.00 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $8.00 dividend on an annualized basis and a yield of 13.8%.

Institutional Investors Weigh In On MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock

Several hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC acquired a new stake in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the 1st quarter valued at about $104,000. Captrust Financial Advisors raised its holdings in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 53.8% in the 4th quarter. Captrust Financial Advisors now owns 4,391 shares of the company’s stock worth $346,000 after purchasing an additional 1,536 shares during the period. Finally, Fiduciary Alliance LLC boosted its position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 7.0% during the fourth quarter. Fiduciary Alliance LLC now owns 2,997 shares of the company’s stock worth $236,000 after purchasing an additional 197 shares in the last quarter.

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.