Star Holdings (NASDAQ:STHO) Short Interest Update

Star Holdings (NASDAQ:STHO) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 137,400 shares, a growth of 18.9% from the November 30th total of 115,600 shares. Based on an average daily trading volume, of 67,400 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of STHO. FMR LLC lifted its position in shares of Star by 81.1% during the third quarter. FMR LLC now owns 7,386 shares of the company’s stock worth $102,000 after acquiring an additional 3,308 shares in the last quarter. Cowen AND Company LLC raised its stake in shares of Star by 2,106.2% during the 2nd quarter. Cowen AND Company LLC now owns 1,319,596 shares of the company’s stock valued at $15,905,000 after purchasing an additional 1,259,784 shares during the period. TCW Group Inc. lifted its holdings in Star by 15.1% during the 3rd quarter. TCW Group Inc. now owns 386,250 shares of the company’s stock worth $5,346,000 after purchasing an additional 50,800 shares in the last quarter. American Century Companies Inc. boosted its stake in Star by 16.6% in the 2nd quarter. American Century Companies Inc. now owns 13,496 shares of the company’s stock worth $163,000 after purchasing an additional 1,921 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Star by 4.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 103,394 shares of the company’s stock valued at $1,431,000 after buying an additional 4,715 shares in the last quarter. 89.31% of the stock is owned by institutional investors.

Star Stock Up 0.3 %

Shares of NASDAQ STHO opened at $9.33 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 9.23 and a quick ratio of 9.23. The stock has a market capitalization of $124.28 million, a PE ratio of 1.52 and a beta of 1.25. Star has a one year low of $9.17 and a one year high of $15.31. The business’s fifty day moving average price is $11.27 and its 200-day moving average price is $12.31.

Star (NASDAQ:STHO) last released its quarterly earnings data on Tuesday, November 5th. The company reported ($0.42) EPS for the quarter. The business had revenue of $24.55 million for the quarter. Star had a net margin of 69.55% and a return on equity of 9.84%.

About Star

Star Holdings engages in the non-ground lease related commercial real estate businesses in the United States. Its portfolio primarily comprises interest in the Asbury Park Waterfront and Magnolia Green residential development projects. Star Holdings is based in New York, New York.