Star Equity Holdings, Inc. (NASDAQ:STRRP) Short Interest Update

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 8,604 shares, a growth of 133.4% from the May 31st total of 3,687 shares. Based on an average trading volume of 5,870 shares, the days-to-cover ratio is currently 1.5 days.

Star Equity Stock Down 0.3%

Shares of NASDAQ STRRP traded down $0.03 during trading on Monday, hitting $9.63. 1,760 shares of the company were exchanged, compared to its average volume of 4,171. The company has a fifty day moving average price of $9.92 and a 200-day moving average price of $9.74. Star Equity has a 12-month low of $8.75 and a 12-month high of $10.92.

Star Equity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, June 1st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 10.4%. The ex-dividend date was Monday, June 1st.

Star Equity Company Profile

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. The company was formerly known as Digirad Corporation and changed its name to Star Equity Holdings, Inc in December 2020.