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

Star Equity Holdings, Inc. (NASDAQ:STRRP) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 59,907 shares, a growth of 1,148.8% from the August 15th total of 4,797 shares. Based on an average trading volume of 10,682 shares, the short-interest ratio is presently 5.6 days.

Star Equity Price Performance

Shares of NASDAQ:STRRP traded up $0.01 during trading on Thursday, reaching $9.61. 545 shares of the stock were exchanged, compared to its average volume of 4,236. Star Equity has a 1-year low of $8.77 and a 1-year high of $10.92. The stock has a fifty day moving average of $9.91 and a two-hundred day moving average of $9.91.

Star Equity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.00 annualized dividend and a yield of 10.4%.

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.