Short Interest in SRH Total Return Fund, Inc. (NYSE:STEW) Rises By 113.1%

SRH Total Return Fund, Inc. (NYSE:STEW) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 19,229 shares, a growth of 113.1% from the July 30th total of 9,025 shares. Based on an average daily volume of 80,232 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of SRH Total Return Fund

Institutional investors have recently bought and sold shares of the company. Royal Bank of Canada increased its stake in SRH Total Return Fund by 17.4% during the 1st quarter. Royal Bank of Canada now owns 186,601 shares of the company’s stock valued at $3,218,000 after purchasing an additional 27,642 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SRH Total Return Fund by 22.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock worth $170,000 after buying an additional 1,775 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of SRH Total Return Fund by 1.9% during the second quarter. NewEdge Advisors LLC now owns 69,123 shares of the company’s stock valued at $1,222,000 after buying an additional 1,261 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of SRH Total Return Fund by 8.8% during the second quarter. Raymond James Financial Inc. now owns 240,942 shares of the company’s stock valued at $4,260,000 after buying an additional 19,547 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of SRH Total Return Fund during the second quarter valued at approximately $191,000. 15.61% of the stock is owned by hedge funds and other institutional investors.

SRH Total Return Fund Stock Down 0.3%

STEW stock opened at $18.51 on Friday. SRH Total Return Fund has a twelve month low of $16.55 and a twelve month high of $19.05. The business has a 50 day moving average of $18.31 and a 200 day moving average of $17.85.

SRH Total Return Fund Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 23rd will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, October 23rd.

About SRH Total Return Fund

SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.

Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.