MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Short Interest Down 44.7% in October

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 25,500 shares, a decline of 44.7% from the September 30th total of 46,100 shares. Based on an average daily trading volume, of 231,800 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 231,800 shares, the short-interest ratio is currently 0.1 days.

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

Several institutional investors and hedge funds have recently modified their holdings of the company. Hartline Investment Corp raised its holdings in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 559.0% in the 2nd quarter. Hartline Investment Corp now owns 69,619 shares of the company’s stock valued at $8,425,000 after buying an additional 59,055 shares during the period. Fiduciary Alliance LLC increased its stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 25.8% during the third quarter. Fiduciary Alliance LLC now owns 2,800 shares of the company’s stock worth $257,000 after purchasing an additional 575 shares during the period. King Wealth Management Group purchased a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the second quarter worth about $261,000. ORG Wealth Partners LLC purchased a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the third quarter worth about $86,000. Finally, Farther Finance Advisors LLC purchased a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the 2nd quarter worth approximately $38,000.

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 $83.20 on Friday. The company’s 50 day simple moving average is $92.53 and its 200-day simple moving average is $99.56. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 1 year low of $79.25 and a 1 year high of $129.48.

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

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 9.6%. The ex-dividend date was Monday, September 15th.