Star Equity Holdings, Inc. (NASDAQ:STRR) Short Interest Up 69.1% in February

Star Equity Holdings, Inc. (NASDAQ:STRR) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 27,900 shares, an increase of 69.1% from the January 31st total of 16,500 shares. Based on an average daily trading volume, of 13,600 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On Star Equity

An institutional investor recently bought a new position in Star Equity stock. Two Sigma Securities LLC acquired a new position in shares of Star Equity Holdings, Inc. (NASDAQ:STRR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 12,444 shares of the company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned about 0.39% of Star Equity as of its most recent filing with the Securities and Exchange Commission. 3.84% of the stock is owned by institutional investors.

Star Equity Price Performance

Shares of NASDAQ STRR opened at $2.13 on Tuesday. The stock’s 50-day simple moving average is $2.18 and its two-hundred day simple moving average is $3.12. Star Equity has a twelve month low of $2.05 and a twelve month high of $5.35. The firm has a market capitalization of $6.85 million, a P/E ratio of -0.83 and a beta of 0.15. The company has a quick ratio of 1.60, a current ratio of 2.05 and a debt-to-equity ratio of 0.21.

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.