MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock (NASDAQ:STRF) Short Interest Update

MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock (NASDAQ:STRF) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 359,053 shares, a decrease of 13.3% from the February 26th total of 413,971 shares. Based on an average trading volume of 150,565 shares, the days-to-cover ratio is presently 2.4 days.

MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock Stock Performance

Shares of STRF opened at $94.90 on Tuesday. The company’s fifty day moving average is $99.22 and its 200 day moving average is $105.03. MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock has a fifty-two week low of $85.05 and a fifty-two week high of $127.80.

MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th will be paid a $2.50 dividend. This represents a $10.00 dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date of this dividend is Friday, March 13th.

MicroStrategy Incorporated is a global provider of enterprise analytics and mobility software, offering solutions that enable organizations to analyze internal and external data in order to make informed business decisions. Founded in 1989 and headquartered in Tysons Corner, Virginia, the company has built a reputation for delivering scalable analytics platforms, cloud-based intelligence services and mobile applications to clients across diverse industries and geographies, including North America, Europe, Asia-Pacific and Latin America.

The 10.00% Series A Perpetual Preferred Stock, trading under the ticker STRF on the NASDAQ, represents a class of senior equity securities issued by MicroStrategy.