Short Interest in Maiden Holdings North America, Ltd. (NYSE:MHNC) Expands By 4,300.0%

Maiden Holdings North America, Ltd. (NYSE:MHNC) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 13,200 shares, a growth of 4,300.0% from the December 15th total of 300 shares. Based on an average trading volume of 29,100 shares, the days-to-cover ratio is currently 0.5 days.

Maiden Holdings North America Price Performance

Shares of NYSE MHNC traded down $0.03 during midday trading on Tuesday, hitting $17.13. 606 shares of the company’s stock were exchanged, compared to its average volume of 8,914. The firm’s fifty day simple moving average is $17.30 and its 200-day simple moving average is $17.55. Maiden Holdings North America has a twelve month low of $15.60 and a twelve month high of $19.97.

Maiden Holdings North America Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Saturday, February 15th will be paid a dividend of $0.4844 per share. The ex-dividend date is Friday, February 14th. This represents a $1.94 dividend on an annualized basis and a yield of 11.31%. This is a boost from Maiden Holdings North America’s previous quarterly dividend of $0.48.