Maiden Holdings North America, Ltd. (NYSE:MHNC) Sees Large Drop in Short Interest

Maiden Holdings North America, Ltd. (NYSE:MHNC) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,200 shares, a decrease of 65.7% from the January 31st total of 3,500 shares. Based on an average daily volume of 28,800 shares, the days-to-cover ratio is currently 0.0 days.

Maiden Holdings North America Trading Up 0.9 %

Maiden Holdings North America stock traded up $0.16 during midday trading on Friday, hitting $16.82. 364 shares of the company’s stock were exchanged, compared to its average volume of 7,196. Maiden Holdings North America has a 12-month low of $15.60 and a 12-month high of $19.97. The firm’s 50 day simple moving average is $17.10 and its 200 day simple moving average is $17.45.

Maiden Holdings North America Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Saturday, February 15th will be issued a dividend of $0.4844 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 11.52%. This is a positive change from Maiden Holdings North America’s previous quarterly dividend of $0.48.