Star Equity Holdings, Inc. (NASDAQ:STRRP – Get Free Report) was the target of a large increase in short interest in 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 daily volume of 1,400 shares, the days-to-cover ratio is presently 0.4 days.
Star Equity Trading Down 1.3 %
Shares of Star Equity stock traded down $0.12 during trading hours on Friday, reaching $9.35. 1,121 shares of the stock traded hands, compared to its average volume of 1,548. The company has a 50 day moving average price of $9.49 and a 200 day moving average price of $9.48. Star Equity has a one year low of $8.05 and a one year high of $10.50.
Star Equity Dividend Announcement
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 dividend of $0.25 per share. The ex-dividend date was Thursday, February 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.70%.
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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