Short Interest in SRH Total Return Fund, Inc. (NYSE:STEW) Rises By 81.5%

SRH Total Return Fund, Inc. (NYSE:STEW) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 26,008 shares, a growth of 81.5% from the May 31st total of 14,331 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 96,356 shares, the days-to-cover ratio is presently 0.3 days.

SRH Total Return Fund Stock Down 0.1%

SRH Total Return Fund stock opened at $18.15 on Friday. SRH Total Return Fund has a one year low of $16.55 and a one year high of $18.67. The business has a fifty day moving average price of $17.68 and a 200-day moving average price of $17.80.

SRH Total Return Fund Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Friday, July 24th.

Insider Activity at SRH Total Return Fund

In other SRH Total Return Fund news, Director Jacob E. Hemmer acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average cost of $17.53 per share, with a total value of $87,650.00. Following the acquisition, the director owned 10,000 shares in the company, valued at approximately $175,300. This represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.09% of the company’s stock.

Institutional Investors Weigh In On SRH Total Return Fund

Large investors have recently added to or reduced their stakes in the business. D.A. Davidson & CO. lifted its holdings in shares of SRH Total Return Fund by 0.7% during the 1st quarter. D.A. Davidson & CO. now owns 83,645 shares of the company’s stock worth $1,430,000 after acquiring an additional 581 shares during the last quarter. NewEdge Advisors LLC increased its stake in SRH Total Return Fund by 0.9% in the third quarter. NewEdge Advisors LLC now owns 69,739 shares of the company’s stock valued at $1,266,000 after acquiring an additional 616 shares during the last quarter. Kestra Advisory Services LLC increased its stake in SRH Total Return Fund by 5.9% in the fourth quarter. Kestra Advisory Services LLC now owns 18,560 shares of the company’s stock valued at $344,000 after acquiring an additional 1,035 shares during the last quarter. Integrated Capital Management Inc. raised its position in SRH Total Return Fund by 5.5% during the fourth quarter. Integrated Capital Management Inc. now owns 20,650 shares of the company’s stock valued at $383,000 after purchasing an additional 1,078 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC raised its position in SRH Total Return Fund by 1.4% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 79,475 shares of the company’s stock valued at $1,473,000 after purchasing an additional 1,100 shares in the last quarter. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Company Profile

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.