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

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the recipient of a large 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 Price Performance

Shares of Star Equity stock traded up $0.17 on Wednesday, hitting $9.88. The stock had a trading volume of 357 shares, compared to its average volume of 4,107. Star Equity has a twelve month low of $8.75 and a twelve month high of $10.92. The business’s 50 day moving average is $9.91 and its two-hundred day moving average is $9.75.

Star Equity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, June 1st were given a dividend of $0.25 per share. The ex-dividend date was Monday, June 1st. This represents a $1.00 annualized dividend and a yield of 10.1%.

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.