Maiden Holdings North America, Ltd. (NYSE:MHNC) Short Interest Update

Maiden Holdings North America, Ltd. (NYSE:MHNC) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 3,747 shares, a decrease of 33.7% from the January 29th total of 5,654 shares. Based on an average trading volume of 4,260 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 4,260 shares, the days-to-cover ratio is currently 0.9 days.

Maiden Holdings North America Price Performance

Shares of Maiden Holdings North America stock traded up $0.08 on Friday, hitting $14.94. The company’s stock had a trading volume of 9,355 shares, compared to its average volume of 4,520. Maiden Holdings North America has a 1 year low of $14.50 and a 1 year high of $18.54. The firm has a fifty day moving average price of $15.51 and a 200-day moving average price of $16.69.

Maiden Holdings North America Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Sunday, February 15th will be given a dividend of $0.4844 per share. This is a boost from Maiden Holdings North America’s previous quarterly dividend of $0.48. This represents a $1.94 dividend on an annualized basis and a yield of 13.0%. The ex-dividend date is Friday, February 13th.

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.