MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Short Interest Down 78.9% in March

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 12,646 shares, a drop of 78.9% from the February 26th total of 59,968 shares. Based on an average daily trading volume, of 205,206 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 205,206 shares, the days-to-cover ratio is currently 0.1 days.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Stock Up 2.6%

NASDAQ:STRK opened at $75.58 on Wednesday. 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. The stock has a fifty day simple moving average of $80.04 and a 200-day simple moving average of $84.64.

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

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th will be given a dividend of $2.00 per share. The ex-dividend date is Friday, March 13th. This represents a $8.00 dividend on an annualized basis and a yield of 10.6%.

Institutional Trading of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock

Several institutional investors and hedge funds have recently modified their holdings of the business. Captrust Financial Advisors increased its stake 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 worth $346,000 after purchasing an additional 1,536 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the 3rd quarter worth approximately $86,000. Finally, Fiduciary Alliance LLC lifted 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 valued at $257,000 after buying an additional 575 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.