Star Equity Holdings, Inc. (NASDAQ:STRRP – Get Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 8,604 shares, an increase of 133.4% from the May 31st total of 3,687 shares. Based on an average trading volume of 5,870 shares, the days-to-cover ratio is currently 1.5 days.
Star Equity Stock Performance
STRRP stock traded up $0.02 during midday trading on Tuesday, reaching $9.73. The company had a trading volume of 384 shares, compared to its average volume of 4,141. The stock has a 50 day moving average price of $9.91 and a 200 day moving average price of $9.75. Star Equity has a fifty-two week low of $8.75 and a fifty-two week high of $10.92.
Star Equity Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, June 1st were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.00 annualized dividend and a dividend yield of 10.3%.
Star Equity Company Profile
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.
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