SRH Total Return Fund, Inc. (NYSE:STEW) Short Interest Update

SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 11,700 shares, an increase of 317.9% from the September 30th total of 2,800 shares. Based on an average daily volume of 78,300 shares, the short-interest ratio is presently 0.1 days.

SRH Total Return Fund Stock Performance

Shares of SRH Total Return Fund stock traded down $0.08 during trading on Friday, reaching $15.61. The stock had a trading volume of 60,007 shares, compared to its average volume of 76,483. SRH Total Return Fund has a 52 week low of $12.07 and a 52 week high of $16.08. The stock has a fifty day moving average price of $15.68 and a two-hundred day moving average price of $15.00.

SRH Total Return Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 24th will be paid a $0.1375 dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a $0.55 annualized dividend and a yield of 3.52%.

Institutional Trading of SRH Total Return Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Raymond James & Associates raised its stake in SRH Total Return Fund by 4.1% in the second quarter. Raymond James & Associates now owns 343,602 shares of the company's stock valued at $4,999,000 after buying an additional 13,439 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of SRH Total Return Fund in the second quarter valued at approximately $2,369,000. Heritage Wealth Management Inc. acquired a new position in shares of SRH Total Return Fund in the second quarter valued at approximately $462,000. Karpus Management Inc. grew its position in shares of SRH Total Return Fund by 86.7% in the first quarter. Karpus Management Inc. now owns 76,555 shares of the company's stock valued at $1,153,000 after purchasing an additional 35,552 shares during the last quarter. Finally, Clear Creek Financial Management LLC grew its position in shares of SRH Total Return Fund by 2.3% in the second quarter. Clear Creek Financial Management LLC now owns 49,800 shares of the company's stock valued at $725,000 after purchasing an additional 1,100 shares during the last quarter. Institutional investors own 15.61% of the company's stock.

SRH Total Return Fund Company Profile

SRH Total Return Fund, Inc is a closed-ended balanced mutual fund launched and managed by Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. The fund invests in equity and fixed-income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.

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