Star Equity Holdings, Inc. (NASDAQ:STRRP) Shares Shorted: Short Interest Down 38.4% in October

Star Equity Holdings, Inc. (NASDAQ:STRRP) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 35,532 shares, a decline of 38.4% from the September 30th total of 57,684 shares. Based on an average daily trading volume, of 4,847 shares, the days-to-cover ratio is presently 7.3 days.

Star Equity Trading Up 0.8%

STRRP stock opened at $9.00 on Friday. Star Equity has a twelve month low of $8.66 and a twelve month high of $10.92. The firm’s fifty day simple moving average is $9.39 and its two-hundred day simple moving average is $9.75.

Star Equity Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, September 1st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 11.1%. The ex-dividend date was Tuesday, September 1st.

Star Equity Company Profile

Star Equity Holdings, Inc is a diversified holding company headquartered in the United States. The company operates businesses primarily in the building solutions and healthcare sectors, with activities focused on serving customers in the U.S. market.

Through its building solutions operations, Star Equity provides manufactured and modular building products, including structural components and other construction-related solutions. These businesses serve residential, commercial and industrial construction customers and are designed to support more efficient off-site and modular construction.

Star Equity has also operated healthcare businesses that provide diagnostic and medical-imaging products and services.