Short Interest in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Drops By 48.3%

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the target of a large 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 trading volume of 161,027 shares, the short-interest ratio is currently 0.0 days.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Stock Down 2.0%

STRK stock opened at $68.16 on Tuesday. The firm’s fifty day simple moving average is $73.65 and its 200-day simple moving average is $78.39. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 12 month low of $64.00 and a 12 month high of $129.48.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 11.7%. The ex-dividend date of this dividend is Monday, June 15th.

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

Several large investors have recently made changes to their positions in STRK. Captrust Financial Advisors boosted its holdings in shares of 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 valued at $346,000 after acquiring an additional 1,536 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the 1st quarter valued at $104,000. Finally, Fiduciary Alliance LLC lifted its stake in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 7.0% in 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.

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.