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

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the recipient of a large decrease in short interest in 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 presently 0.0 days.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC purchased a new stake in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the 1st quarter worth about $104,000. Captrust Financial Advisors grew its position 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 worth $346,000 after buying an additional 1,536 shares during the period. Finally, Fiduciary Alliance LLC grew its position 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 worth $236,000 after buying an additional 197 shares during the period.

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

Shares of NASDAQ:STRK traded down $1.41 during trading on Monday, hitting $68.16. The stock had a trading volume of 118,696 shares, compared to its average volume of 168,113. 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. The firm’s fifty day moving average is $73.65 and its 200 day moving average is $78.39.

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

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

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.