Maiden Holdings North America, Ltd. (NYSE:MHNC) Short Interest Update

Maiden Holdings North America, Ltd. (NYSE:MHNC) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 3,980 shares, a growth of 130.2% from the March 15th total of 1,729 shares. Based on an average daily volume of 10,120 shares, the days-to-cover ratio is currently 0.4 days.

Maiden Holdings North America Stock Performance

Maiden Holdings North America stock opened at $12.26 on Tuesday. Maiden Holdings North America has a fifty-two week low of $11.14 and a fifty-two week high of $18.54. The firm’s 50-day simple moving average is $13.85 and its 200 day simple moving average is $15.68.

Maiden Holdings North America Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be paid a $0.4844 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 15.8%. The ex-dividend date is Friday, May 15th.

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.