Star Equity Holdings, Inc. (NASDAQ:STRRP) Short Interest Update

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,638 shares, a decrease of 46.1% from the June 15th total of 8,604 shares. Based on an average daily volume of 1,666 shares, the short-interest ratio is presently 2.8 days.

Star Equity Stock Performance

Shares of NASDAQ STRRP opened at $9.98 on Friday. The business has a 50-day moving average price of $9.89 and a two-hundred day moving average price of $9.80. Star Equity has a one year low of $8.75 and a one year high of $10.92.

Star Equity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, June 1st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 10.0%. The ex-dividend date was Monday, June 1st.

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.