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

Maiden Holdings North America, Ltd. (NYSE:MHNC) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 3,500 shares, a drop of 45.3% from the January 15th total of 6,400 shares. Based on an average daily trading volume, of 28,800 shares, the short-interest ratio is currently 0.1 days.

Maiden Holdings North America Stock Performance

Shares of Maiden Holdings North America stock traded up $0.01 during trading hours on Thursday, reaching $17.06. The company’s stock had a trading volume of 1,078 shares, compared to its average volume of 8,945. Maiden Holdings North America has a one year low of $15.60 and a one year high of $19.97. The firm has a 50 day moving average price of $17.00 and a 200-day moving average price of $17.49.

Maiden Holdings North America Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Saturday, February 15th will be paid a dividend of $0.4844 per share. This is a boost from Maiden Holdings North America’s previous quarterly dividend of $0.48. This represents a $1.94 annualized dividend and a yield of 11.36%. The ex-dividend date of this dividend is Friday, February 14th.