Star Equity Holdings, Inc. (NASDAQ:STRRP – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 35,532 shares, a decline 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 presently 7.3 days.
Star Equity Stock Up 0.8%
Shares of NASDAQ STRRP traded up $0.07 during trading hours on Monday, reaching $9.03. The stock had a trading volume of 1,234 shares, compared to its average volume of 4,352. The firm has a 50-day moving average of $9.39 and a 200-day moving average of $9.75. Star Equity has a fifty-two week low of $8.66 and a fifty-two week high of $10.92.
Star Equity Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Tuesday, September 1st were paid a $0.25 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.00 dividend on an annualized basis and a yield of 11.1%.
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.
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