Star Holdings (NASDAQ:STHO - Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 137,400 shares, an increase of 18.9% from the November 30th total of 115,600 shares. Currently, 1.2% of the company's shares are short sold. Based on an average daily volume of 67,400 shares, the short-interest ratio is presently 2.0 days.
Hedge Funds Weigh In On Star
A number of large investors have recently bought and sold shares of the stock. American Century Companies Inc. boosted its stake in shares of Star by 16.6% during the second quarter. American Century Companies Inc. now owns 13,496 shares of the company's stock valued at $163,000 after purchasing an additional 1,921 shares during the period. Howard Financial Services LTD. raised its holdings in Star by 18.8% during the 3rd quarter. Howard Financial Services LTD. now owns 19,000 shares of the company's stock valued at $263,000 after buying an additional 3,000 shares during the last quarter. Marquette Asset Management LLC boosted its position in Star by 17.7% during the 3rd quarter. Marquette Asset Management LLC now owns 20,865 shares of the company's stock valued at $289,000 after buying an additional 3,131 shares during the period. FMR LLC grew its holdings in Star by 81.1% in the 3rd quarter. FMR LLC now owns 7,386 shares of the company's stock worth $102,000 after acquiring an additional 3,308 shares during the last quarter. Finally, Bluefin Capital Management LLC increased its position in shares of Star by 1.2% in the second quarter. Bluefin Capital Management LLC now owns 351,518 shares of the company's stock valued at $4,239,000 after acquiring an additional 4,311 shares during the period. 89.31% of the stock is owned by hedge funds and other institutional investors.
Star Trading Down 2.4 %
NASDAQ:STHO traded down $0.23 during trading hours on Friday, reaching $9.30. The company's stock had a trading volume of 136,200 shares, compared to its average volume of 57,246. The company has a debt-to-equity ratio of 0.45, a quick ratio of 9.23 and a current ratio of 9.23. The firm has a market capitalization of $123.88 million, a price-to-earnings ratio of 1.51 and a beta of 1.25. The firm has a 50-day simple moving average of $11.27 and a 200-day simple moving average of $12.31. Star has a 1 year low of $9.23 and a 1 year high of $15.31.
Star (NASDAQ:STHO - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The company reported ($0.42) earnings per share (EPS) for the quarter. Star had a net margin of 69.55% and a return on equity of 9.84%. The company had revenue of $24.55 million for the quarter.
About Star
(
Get Free Report)
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.
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