Short Interest in Star Equity Holdings, Inc. (NASDAQ:STRRP) Drops By 46.1%

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the recipient of a large decrease in short interest in 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 trading volume of 1,666 shares, the short-interest ratio is presently 2.8 days.

Star Equity Stock Performance

Shares of STRRP stock opened at $9.98 on Wednesday. The company has a 50 day moving average of $9.89 and a 200-day moving average of $9.79. Star Equity has a 12-month low of $8.75 and a 12-month high of $10.92.

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 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 of this dividend 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.