SRH Total Return Fund, Inc. (NYSE:STEW) Sees Large Growth in Short Interest

SRH Total Return Fund, Inc. (NYSE:STEW) was the recipient of a significant growth in short interest in the month of 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 trading volume of 80,232 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Bulldog Investors LLP grew its position in SRH Total Return Fund by 3.5% during the 1st quarter. Bulldog Investors LLP now owns 1,287,582 shares of the company’s stock worth $22,018,000 after acquiring an additional 43,759 shares during the last quarter. 1607 Capital Partners LLC boosted its stake in SRH Total Return Fund by 8.1% in the fourth quarter. 1607 Capital Partners LLC now owns 865,815 shares of the company’s stock worth $16,052,000 after purchasing an additional 64,950 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of SRH Total Return Fund by 9.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 721,643 shares of the company’s stock worth $12,340,000 after purchasing an additional 63,439 shares during the last quarter. LPL Financial LLC increased its stake in shares of SRH Total Return Fund by 44.0% in the fourth quarter. LPL Financial LLC now owns 393,713 shares of the company’s stock valued at $7,299,000 after buying an additional 120,366 shares in the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. increased its stake in shares of SRH Total Return Fund by 1.7% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 382,005 shares of the company’s stock valued at $7,082,000 after buying an additional 6,551 shares in the last quarter. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Trading Down 0.3%

Shares of SRH Total Return Fund stock traded down $0.05 during mid-day trading on Friday, reaching $18.51. 51,979 shares of the stock were exchanged, compared to its average volume of 73,922. The firm has a 50-day simple moving average of $18.31 and a 200 day simple moving average of $17.85. SRH Total Return Fund has a fifty-two week low of $16.55 and a fifty-two week high of $19.05.

SRH Total Return Fund Dividend Announcement

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

SRH Total Return Fund Company Profile

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.