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

Star Equity Holdings, Inc. (NASDAQ:STRR) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 33,300 shares, a decline of 22.6% from the August 15th total of 43,000 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average daily trading volume, of 20,600 shares, the days-to-cover ratio is presently 1.6 days.

Star Equity Stock Performance

Shares of NASDAQ STRR opened at $4.12 on Monday. The business’s 50-day moving average price is $4.36 and its two-hundred day moving average price is $4.39. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.01 and a quick ratio of 1.56. Star Equity has a one year low of $3.43 and a one year high of $6.52. The company has a market capitalization of $13.06 million, a P/E ratio of 0.63 and a beta of 0.08.

Star Equity (NASDAQ:STRR) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.04). Star Equity had a negative return on equity of 5.74% and a negative net margin of 14.65%. The company had revenue of $13.48 million during the quarter, compared to analyst estimates of $13.00 million. Analysts anticipate that Star Equity will post -0.78 earnings per share for the current fiscal year.

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.