Star Holdings (NASDAQ:STHO - Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 201,800 shares, an increase of 27.4% from the December 31st total of 158,400 shares. Based on an average trading volume of 64,700 shares, the short-interest ratio is presently 3.1 days. Currently, 1.8% of the shares of the company are short sold.
Star Stock Performance
Star stock traded down $0.02 during trading on Wednesday, reaching $8.51. The company had a trading volume of 67,792 shares, compared to its average volume of 67,382. The firm's 50-day simple moving average is $9.61 and its 200 day simple moving average is $11.73. Star has a 52 week low of $8.26 and a 52 week high of $14.50. The company has a current ratio of 9.23, a quick ratio of 9.23 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $113.35 million, a price-to-earnings ratio of 1.39 and a beta of 1.33.
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.
Institutional Trading of Star
A number of hedge funds and other institutional investors have recently modified their holdings of STHO. American Century Companies Inc. lifted its position in shares of Star by 16.6% in the second quarter. American Century Companies Inc. now owns 13,496 shares of the company's stock valued at $163,000 after acquiring an additional 1,921 shares in the last quarter. Howard Financial Services LTD. increased its holdings in Star by 18.8% in the 3rd quarter. Howard Financial Services LTD. now owns 19,000 shares of the company's stock valued at $263,000 after acquiring an additional 3,000 shares during the last quarter. Marquette Asset Management LLC lifted its stake in Star by 17.7% in the 3rd quarter. Marquette Asset Management LLC now owns 20,865 shares of the company's stock worth $289,000 after purchasing an additional 3,131 shares in the last quarter. FMR LLC boosted its holdings in shares of Star by 81.1% during the 3rd quarter. FMR LLC now owns 7,386 shares of the company's stock valued at $102,000 after purchasing an additional 3,308 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Star by 4.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 103,394 shares of the company's stock worth $1,431,000 after purchasing an additional 4,715 shares during the last quarter. 89.31% of the stock is owned by hedge funds and other institutional investors.
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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