Short Interest in Star Equity Holdings, Inc. (NASDAQ:STRRP) Declines By 57.6%

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,524 shares, a drop of 57.6% from the April 15th total of 5,955 shares. Based on an average daily trading volume, of 3,792 shares, the days-to-cover ratio is currently 0.7 days.

Star Equity Price Performance

Shares of Star Equity stock opened at $10.27 on Friday. The business has a fifty day simple moving average of $9.98 and a two-hundred day simple moving average of $9.73. Star Equity has a 12 month low of $8.75 and a 12 month high of $10.92.

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.