Short Interest in Star Equity Holdings, Inc. (NASDAQ:STRRP) Decreases By 46.1%

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 4,638 shares, a decrease of 46.1% from the June 15th total of 8,604 shares. Based on an average daily volume of 1,666 shares, the days-to-cover ratio is currently 2.8 days.

Star Equity Stock Performance

NASDAQ STRRP remained flat at $10.05 during mid-day trading on Thursday. 4,977 shares of the company traded hands, compared to its average volume of 3,889. Star Equity has a 52-week low of $8.75 and a 52-week high of $10.92. The company has a 50-day moving average price of $9.89 and a two-hundred day moving average price of $9.80.

Star Equity Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Monday, June 1st were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date of this dividend 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.