Short Interest in Maiden Holdings North America, Ltd. (NYSE:MHNC) Rises By 1,265.1%

Maiden Holdings North America, Ltd. (NYSE:MHNC) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 7,194 shares, an increase of 1,265.1% from the November 30th total of 527 shares. Based on an average trading volume of 6,467 shares, the days-to-cover ratio is presently 1.1 days. Based on an average trading volume of 6,467 shares, the days-to-cover ratio is presently 1.1 days.

Maiden Holdings North America Stock Performance

Shares of NYSE MHNC traded up $0.02 during mid-day trading on Wednesday, reaching $15.77. 994 shares of the company’s stock were exchanged, compared to its average volume of 9,265. The company’s 50-day moving average is $16.95 and its 200-day moving average is $17.20. Maiden Holdings North America has a 52-week low of $14.85 and a 52-week high of $18.54.

Maiden Holdings North America Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Saturday, November 15th were paid a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a yield of 12.3%. The ex-dividend date was Friday, November 14th.

Maiden Holdings North America Ltd. (NYSE: MHNC) is a specialty property and casualty reinsurer headquartered in Wilton, Connecticut. As a subsidiary of Bermuda-based Maiden Holdings, Ltd., the company provides treaty and facultative reinsurance solutions for primary insurers. Since its founding in 2007, Maiden Holdings North America has developed underwriting capabilities in property catastrophe, casualty, agriculture, surety and mortgage reinsurance, targeting niche segments where disciplined risk selection and tailored coverage can drive value.

The company’s product offerings include multi-year and annual treaty contracts, facultative reinsurance for individual risks, and run-off and legacy portfolio management services.