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

Star Equity Holdings, Inc. (NASDAQ:STRR) was the target of a large decline in short interest during the month of 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. Based on an average daily volume of 20,600 shares, the short-interest ratio is presently 1.6 days. Approximately 1.5% of the shares of the company are short sold.

Star Equity Price Performance

NASDAQ STRR opened at $4.12 on Monday. Star Equity has a twelve month low of $3.43 and a twelve month high of $6.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.56 and a current ratio of 2.01. The stock has a market capitalization of $13.06 million, a PE ratio of 0.63 and a beta of 0.08. The stock has a 50-day simple moving average of $4.36 and a 200 day simple moving average of $4.39.

Star Equity (NASDAQ:STRR) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $13.48 million for the quarter, compared to analyst estimates of $13.00 million. Research analysts anticipate that Star Equity will post -0.78 EPS for the current year.

Star Equity Company Profile

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.