SRH Total Return Fund, Inc. (NYSE:STEW – Get Rating) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 3,400 shares, an increase of 25.9% from the March 31st total of 2,700 shares. Based on an average daily volume of 78,500 shares, the short-interest ratio is currently 0.0 days.
SRH Total Return Fund Price Performance
STEW opened at $12.81 on Friday. The stock has a fifty day moving average price of $12.37 and a 200-day moving average price of $12.54. SRH Total Return Fund has a 12 month low of $10.65 and a 12 month high of $13.95.
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The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 28th. Shareholders of record on Friday, April 21st were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.90%. The ex-dividend date was Thursday, April 20th.
Hedge Funds Weigh In On SRH Total Return Fund
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Rocky Mountain Advisers LLC lifted its position in shares of SRH Total Return Fund by 0.4% in the fourth quarter. Rocky Mountain Advisers LLC now owns 185,644 shares of the company's stock valued at $2,358,000 after acquiring an additional 814 shares in the last quarter. Eudaimonia Partners LLC lifted its position in SRH Total Return Fund by 1.7% during the fourth quarter. Eudaimonia Partners LLC now owns 57,714 shares of the company's stock worth $733,000 after buying an additional 966 shares in the last quarter. Park Avenue Securities LLC increased its stake in SRH Total Return Fund by 1.0% during the fourth quarter. Park Avenue Securities LLC now owns 117,589 shares of the company's stock worth $1,493,000 after acquiring an additional 1,160 shares during the last quarter. Winning Points Advisors LLC increased its stake in SRH Total Return Fund by 0.7% during the first quarter. Winning Points Advisors LLC now owns 166,004 shares of the company's stock worth $2,039,000 after acquiring an additional 1,220 shares during the last quarter. Finally, Almitas Capital LLC increased its stake in SRH Total Return Fund by 5.0% during the fourth quarter. Almitas Capital LLC now owns 27,090 shares of the company's stock worth $344,000 after acquiring an additional 1,300 shares during the last quarter. Hedge funds and other institutional investors own 13.85% of the company's stock.
SRH Total Return Fund Company Profile
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Boulder Growth & Income Fund is a closed-end, non-diversified fund with a total return investment goal. The Fund uses a bottom-up, value-driven investment strategy to find stocks of elevated companies that are selling below their estimated intrinsic value in order to meet its objective. Finding investment possibilities that will offer appealing returns over a lengthy holding period is the objective of this procedure.
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