SRH Total Return Fund, Inc. (NYSE:STEW – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 11,744 shares, a decrease of 54.8% from the June 15th total of 26,008 shares. Based on an average daily trading volume, of 87,261 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
SRH Total Return Fund Price Performance
Shares of NYSE:STEW remained flat at $18.18 during trading on Tuesday. 27,157 shares of the company’s stock traded hands, compared to its average volume of 88,739. SRH Total Return Fund has a fifty-two week low of $16.55 and a fifty-two week high of $18.67. The firm’s fifty day simple moving average is $17.73 and its 200 day simple moving average is $17.79.
SRH Total Return Fund Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be issued a $0.20 dividend. The ex-dividend date is Friday, July 24th. This represents a $0.80 dividend on an annualized basis and a yield of 4.4%.
Insider Transactions at SRH Total Return Fund
Institutional Investors Weigh In On SRH Total Return Fund
Large investors have recently bought and sold shares of the stock. JP Wealth Management Inc. boosted its stake in shares of SRH Total Return Fund by 17.5% in the 4th quarter. JP Wealth Management Inc. now owns 1,475,715 shares of the company’s stock valued at $27,360,000 after buying an additional 219,432 shares during the period. Winning Points Advisors LLC purchased a new stake in shares of SRH Total Return Fund during the fourth quarter worth approximately $3,414,000. Evolve Private Wealth LLC acquired a new stake in SRH Total Return Fund in the fourth quarter valued at approximately $2,961,000. Kingdom Financial Group LLC. acquired a new stake in SRH Total Return Fund in the fourth quarter valued at approximately $2,865,000. Finally, Bulldog Investors LLP raised its holdings in SRH Total Return Fund by 11.3% in the fourth quarter. Bulldog Investors LLP now owns 1,243,823 shares of the company’s stock valued at $23,060,000 after acquiring an additional 126,241 shares in the last quarter. Hedge funds and other institutional investors own 15.61% of the company’s stock.
About SRH Total Return Fund
SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.
Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.
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