Star Equity Holdings, Inc. (NASDAQ:STRRP) Shares Shorted: Short Interest Down 38.4% in October

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 35,532 shares, a drop of 38.4% from the September 30th total of 57,684 shares. Based on an average daily volume of 4,847 shares, the short-interest ratio is currently 7.3 days.

Star Equity Stock Performance

STRRP opened at $9.00 on Friday. Star Equity has a fifty-two week low of $8.66 and a fifty-two week high of $10.92. The firm’s fifty day moving average is $9.39 and its 200 day moving average is $9.75.

Star Equity Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Tuesday, September 1st were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 11.1%. The ex-dividend date was Tuesday, September 1st.

About Star Equity

Star Equity Holdings, Inc is a diversified holding company headquartered in the United States. The company operates businesses primarily in the building solutions and healthcare sectors, with activities focused on serving customers in the U.S. market.

Through its building solutions operations, Star Equity provides manufactured and modular building products, including structural components and other construction-related solutions. These businesses serve residential, commercial and industrial construction customers and are designed to support more efficient off-site and modular construction.

Star Equity has also operated healthcare businesses that provide diagnostic and medical-imaging products and services.