Short Interest in Star Equity Holdings, Inc. (NASDAQ:STRRP) Increases By 1,148.8%

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 59,907 shares, a growth of 1,148.8% from the August 15th total of 4,797 shares. Based on an average daily trading volume, of 10,682 shares, the days-to-cover ratio is presently 5.6 days.

Star Equity Trading Up 0.1%

NASDAQ STRRP traded up $0.01 on Thursday, reaching $9.61. The company had a trading volume of 545 shares, compared to its average volume of 4,236. The company’s fifty day moving average is $9.91 and its 200 day moving average is $9.91. Star Equity has a 52-week low of $8.77 and a 52-week high of $10.92.

Star Equity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Tuesday, September 1st will be paid a $0.25 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.00 annualized dividend and a dividend yield of 10.4%.

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.