Star Equity Holdings, Inc. (NASDAQ:STRRP – Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 600 shares, an increase of 200.0% from the March 31st total of 200 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is presently 0.4 days.
Star Equity Stock Performance
STRRP stock traded down $0.12 during trading hours on Friday, reaching $9.35. The stock had a trading volume of 1,121 shares, compared to its average volume of 1,548. The stock has a 50-day simple moving average of $9.49 and a 200 day simple moving average of $9.48. Star Equity has a fifty-two week low of $8.05 and a fifty-two week high of $10.50.
Star Equity Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Friday, March 1st were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 10.70%. The ex-dividend date of this dividend was Thursday, February 29th.
About Star Equity
Star Equity Holdings, Inc engages in the construction business in the United States and internationally. It operates through two segments: Construction, and Investments. It manufactures modular housing units, structural wall panels, permanent wood foundation systems, and other engineered wood products; supplies general contractors with building materials; holds real estate assets; and manages investments.
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