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

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the target of a significant growth in short interest in 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 daily trading volume, of 5,870 shares, the days-to-cover ratio is presently 1.5 days.

Star Equity Stock Performance

Shares of NASDAQ:STRRP traded down $0.03 during midday trading on Monday, hitting $9.63. The company’s stock had a trading volume of 1,760 shares, compared to its average volume of 4,171. The business’s 50 day simple moving average is $9.92 and its 200 day simple moving average is $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 firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, June 1st were issued a $0.25 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.00 dividend on an annualized basis and a yield of 10.4%.

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