Short Interest in Strategy Inc (NASDAQ:MSTR) Increases By 19.2%

19 Jan 2026, 19:30 by Renee Jackson · The Cerbat Gem

Strategy Inc (NASDAQ:MSTR – Get Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 34,735,413 shares, an increase of 19.2% from the December 15th total of 29,135,929 shares. Approximately 13.2% of the shares of the company are short sold. Based on an average daily trading volume, of 15,902,813 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily trading volume, of 15,902,813 shares, the days-to-cover ratio is currently 2.2 days. Approximately 13.2% of the shares of the company are short sold.

Insider Buying and Selling at Strategy

In other news, Director Jane A. Dietze acquired 1,100 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were acquired at an average cost of $95.28 per share, for a total transaction of $104,808.00. Following the purchase, the director owned 2,600 shares of the company’s stock, valued at approximately $247,728. The trade was a 73.33% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Wei-Ming Shao sold 2,600 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total transaction of $525,252.00. Following the sale, the executive vice president directly owned 32,726 shares in the company, valued at approximately $6,611,306.52. This trade represents a 7.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have bought 6,112 shares of company stock worth $885,408 and have sold 13,177 shares worth $2,843,166. Corporate insiders own 8.46% of the company’s stock.

Institutional Trading of Strategy

Several institutional investors and hedge funds have recently made changes to their positions in MSTR. Vanguard Group Inc. grew its position in Strategy by 7.3% in the third quarter. Vanguard Group Inc. now owns 19,884,275 shares of the software maker’s stock worth $6,406,912,000 after acquiring an additional 1,344,519 shares in the last quarter. Capital International Investors lifted its stake in Strategy by 2.6% during the third quarter. Capital International Investors now owns 15,014,295 shares of the software maker’s stock worth $4,837,778,000 after purchasing an additional 383,207 shares during the last quarter. State Street Corp boosted its holdings in shares of Strategy by 9.2% in the 3rd quarter. State Street Corp now owns 5,989,048 shares of the software maker’s stock worth $1,929,731,000 after purchasing an additional 504,479 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Strategy by 33.6% in the 3rd quarter. Capital Research Global Investors now owns 4,205,258 shares of the software maker’s stock worth $1,354,982,000 after purchasing an additional 1,057,804 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Strategy during the 2nd quarter valued at about $1,203,062,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Strategy Price Performance

NASDAQ:MSTR traded up $2.80 during trading hours on Monday, hitting $173.71. 19,369,617 shares of the company’s stock traded hands, compared to its average volume of 18,604,928. Strategy has a 52 week low of $149.75 and a 52 week high of $457.22. The business’s fifty day simple moving average is $175.90 and its two-hundred day simple moving average is $287.03. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.16. The firm has a market cap of $49.92 billion, a P/E ratio of 8.08 and a beta of 3.42.

Strategy (NASDAQ:MSTR – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $8.52. Strategy had a return on equity of 20.98% and a net margin of 1,667.09%.The firm had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.65 million. During the same quarter last year, the company posted ($1.56) EPS. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Sanford C. Bernstein set a $450.00 price target on shares of Strategy and gave the company an “outperform” rating in a research note on Monday, December 8th. China Renaissance assumed coverage on shares of Strategy in a report on Wednesday, October 15th. They set a “buy” rating and a $473.00 target price on the stock. Mizuho cut their price target on Strategy from $484.00 to $403.00 and set an “outperform” rating for the company in a report on Friday. Benchmark reiterated a “buy” rating on shares of Strategy in a research report on Monday, December 1st. Finally, TD Cowen dropped their price objective on Strategy from $500.00 to $440.00 and set a “buy” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Strategy presently has an average rating of “Moderate Buy” and a consensus target price of $435.44.

View Our Latest Analysis on Strategy

Key Stories Impacting Strategy

Here are the key news stories impacting Strategy this week:

Positive Sentiment: Michael Saylor teases additional Bitcoin purchases, prompting speculation that MicroStrategy will add to its treasury — a direct bullish catalyst for MSTR shares. Read More.
Positive Sentiment: Company-level BTC accumulation: Strategy reported acquiring 13,627 BTC after boosting the balance sheet by ~$1.13B — adds tangible asset backing and explains buy-side interest. Read More.
Positive Sentiment: Large institutional flows: reports that Vanguard opened a first-ever ~$505M position and VanEck increased exposure have attracted momentum buyers and legitimized the trade for some funds. Read More.
Positive Sentiment: State pension interest: a Louisiana public pension disclosed roughly $3.2M in MSTR holdings — another sign of institutional demand beyond crypto-specific traders. Read More.
Neutral Sentiment: Preferred share analysis: a Seeking Alpha piece looks at Strategy’s preferreds and highlights that only one tranche may be worth buying — relevant for income-focused investors but less likely to move the common equity materially. Read More.
Negative Sentiment: Mizuho cut/trimmed price outlook: a reported analyst price-target reduction to $403 signals some sell-side caution on valuation and risk, which can cap gains if echoed by other shops. Read More.
Negative Sentiment: Macro/valuation concerns and mixed coverage: pieces questioning whether MSTR can stop a longer-term downtrend and noting >50% YTD/one-year declines (relative to prior highs) may pressure risk‑averse holders. Read More.

Strategy Company Profile

(Get Free Report)

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.