Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Short Interest Update

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 4,200 shares, a decrease of 16.0% from the March 31st total of 5,000 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is presently 1.3 days. Approximately 0.1% of the shares of the company are sold short.

Strawberry Fields REIT Trading Up 0.7 %

STRW traded up $0.06 on Tuesday, hitting $9.05. 6,057 shares of the company were exchanged, compared to its average volume of 3,270. The firm has a market capitalization of $58.46 million, a P/E ratio of 1.08 and a beta of 0.42. Strawberry Fields REIT has a fifty-two week low of $5.93 and a fifty-two week high of $9.07.

Strawberry Fields REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 21st were given a $0.12 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $0.48 annualized dividend and a dividend yield of 5.30%.

Wall Street Analyst Weigh In

Separately, Colliers Securities assumed coverage on shares of Strawberry Fields REIT in a report on Friday, January 26th. They issued a “buy” rating and a $10.00 target price for the company.

About Strawberry Fields REIT

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.