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

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 10,923 shares, an increase of 163.6% from the May 31st total of 4,143 shares. Based on an average trading volume of 158,242 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Captrust Financial Advisors raised its stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 53.8% during the fourth quarter. Captrust Financial Advisors now owns 4,391 shares of the company’s stock worth $346,000 after purchasing an additional 1,536 shares during the period. Fiduciary Alliance LLC grew its stake in shares of 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 buying an additional 197 shares during the period. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the 1st quarter valued at $104,000.

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

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock stock opened at $53.79 on Monday. The stock’s fifty day moving average is $71.15 and its two-hundred day moving average is $76.75. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a fifty-two week low of $49.80 and a fifty-two week high of $129.48.

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, June 30th. Investors of record on Monday, June 15th will be paid a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 14.9%. The ex-dividend date is Monday, June 15th.

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.