Short Interest in SRH Total Return Fund, Inc. (NYSE:STEW) Drops By 59.4%

SRH Total Return Fund, Inc. (NYSE:STEW) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 14,331 shares, a decrease of 59.4% from the May 14th total of 35,324 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 68,523 shares, the short-interest ratio is presently 0.2 days.

Insider Buying and Selling at SRH Total Return Fund

In other news, Director Jacob E. Hemmer purchased 5,000 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was acquired at an average price of $17.53 per share, with a total value of $87,650.00. Following the purchase, the director directly owned 10,000 shares of the company’s stock, valued at $175,300. This represents a 100.00% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.09% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of STEW. Fifth Third Bancorp acquired a new stake in SRH Total Return Fund during the first quarter worth about $26,000. Rockefeller Capital Management L.P. bought a new position in shares of SRH Total Return Fund during the fourth quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of SRH Total Return Fund by 1,000.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,200 shares of the company’s stock worth $41,000 after purchasing an additional 2,000 shares during the period. Global Retirement Partners LLC lifted its holdings in shares of SRH Total Return Fund by 38.3% in the 4th quarter. Global Retirement Partners LLC now owns 8,005 shares of the company’s stock worth $148,000 after purchasing an additional 2,218 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in SRH Total Return Fund by 22.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock valued at $170,000 after purchasing an additional 1,775 shares during the period. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Price Performance

STEW stock opened at $17.78 on Friday. The stock has a 50-day moving average price of $17.63 and a two-hundred day moving average price of $17.83. SRH Total Return Fund has a 12-month low of $16.55 and a 12-month high of $18.67.

SRH Total Return Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Friday, July 24th.

About SRH Total Return Fund

SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.

Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.