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

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

Star Equity Trading Up 0.5%

Shares of Star Equity stock opened at $9.98 on Wednesday. The business’s fifty day simple moving average is $9.89 and its 200 day simple moving average is $9.79. 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 announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Monday, June 1st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date was Monday, June 1st.

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.