Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Short Interest Down 17.7% in February

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 58,676 shares, a decline of 17.7% from the January 29th total of 71,280 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 34,011 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily trading volume, of 34,011 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.6% of the shares of the stock are sold short.

Strawberry Fields REIT Stock Performance

Shares of STRW traded down $0.04 during trading hours on Tuesday, reaching $12.80. The stock had a trading volume of 18,313 shares, compared to its average volume of 35,615. Strawberry Fields REIT has a 12 month low of $8.70 and a 12 month high of $14.00. The stock has a market capitalization of $167.94 million, a PE ratio of 20.98 and a beta of 0.38. The company’s 50-day moving average is $13.01 and its two-hundred day moving average is $12.43.

Strawberry Fields REIT (NYSEAMERICAN:STRW) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.17). Strawberry Fields REIT had a return on equity of 10.50% and a net margin of 4.89%.The firm had revenue of $40.10 million for the quarter, compared to the consensus estimate of $40.30 million. Equities analysts anticipate that Strawberry Fields REIT will post 1.12 earnings per share for the current fiscal year.

Strawberry Fields REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $0.64 annualized dividend and a dividend yield of 5.0%. Strawberry Fields REIT’s dividend payout ratio is currently 125.49%.

Strawberry Fields REIT Company Profile

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas. The 109 healthcare facilities comprise 99 skilled nursing facilities, eight assisted living facilities, and two long-term acute care hospitals.