MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Sees Large Decrease in Short Interest

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 4,143 shares, a decrease of 48.3% from the May 14th total of 8,017 shares. Based on an average daily volume of 161,027 shares, the days-to-cover ratio is presently 0.0 days.

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

STRK traded up $1.37 during trading on Friday, reaching $69.57. The stock had a trading volume of 114,670 shares, compared to its average volume of 168,552. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 1-year low of $64.00 and a 1-year high of $129.48. The stock has a 50 day moving average of $73.71 and a two-hundred day moving average of $78.47.

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

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date is Monday, June 15th.

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

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

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.