MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Short Interest Down 63.1% in September

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 46,100 shares, a decline of 63.1% from the September 15th total of 124,800 shares. Based on an average daily trading volume, of 249,700 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 249,700 shares, the short-interest ratio is presently 0.2 days.

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

STRK opened at $87.62 on Friday. The firm has a 50 day simple moving average of $95.24 and a 200 day simple moving average of $99.28. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a fifty-two week low of $79.25 and a fifty-two week high of $129.48.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) last posted its quarterly earnings results on Tuesday, February 1st. The company reported $0.13 earnings per share for the quarter. The business had revenue of $131.32 million for the quarter.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend was Monday, September 15th.

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

Several large investors have recently bought and sold shares of STRK. Farther Finance Advisors LLC bought a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the second quarter valued at approximately $38,000. Fiduciary Alliance LLC increased its stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 25.8% in the third quarter. Fiduciary Alliance LLC now owns 2,800 shares of the company’s stock valued at $257,000 after purchasing an additional 575 shares in the last quarter. King Wealth Management Group bought a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the second quarter valued at approximately $261,000. Argent Advisors Inc. bought a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the first quarter valued at approximately $336,000. Finally, Hartline Investment Corp bought a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the first quarter valued at approximately $887,000.