SRH Total Return Fund, Inc. (NYSE:STEW) Short Interest Up 156.8% in May

SRH Total Return Fund, Inc. (NYSE:STEW) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 35,324 shares, an increase of 156.8% from the April 30th total of 13,753 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 69,380 shares, the days-to-cover ratio is currently 0.5 days.

SRH Total Return Fund Trading Down 0.7%

Shares of STEW traded down $0.12 during mid-day trading on Friday, reaching $17.39. The company’s stock had a trading volume of 74,399 shares, compared to its average volume of 65,274. SRH Total Return Fund has a 52 week low of $16.55 and a 52 week high of $18.67. The company’s fifty day moving average price is $17.53 and its two-hundred day moving average price is $17.85.

SRH Total Return Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Friday, July 24th.

Insider Buying and Selling at SRH Total Return Fund

In other SRH Total Return Fund news, Director Jacob E. Hemmer acquired 5,000 shares of the stock in a transaction dated Thursday, May 21st. The stock was purchased at an average cost of $17.53 per share, for a total transaction of $87,650.00. Following the acquisition, the director owned 10,000 shares in the company, valued at $175,300. The trade was a 100.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.09% of the company’s stock.

Institutional Investors Weigh In On SRH Total Return Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in SRH Total Return Fund during the 1st quarter valued at $26,000. Rockefeller Capital Management L.P. bought a new stake in SRH Total Return Fund during the 4th quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in SRH Total Return Fund by 1,000.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,200 shares of the company’s stock valued at $41,000 after buying an additional 2,000 shares during the last quarter. Global Retirement Partners LLC raised its holdings in SRH Total Return Fund by 38.3% during the 4th quarter. Global Retirement Partners LLC now owns 8,005 shares of the company’s stock valued at $148,000 after buying an additional 2,218 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in SRH Total Return Fund by 22.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock valued at $170,000 after buying an additional 1,775 shares during the last quarter. 15.61% of the stock is currently owned by institutional investors.

About SRH Total Return Fund

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.