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

SRH Total Return Fund, Inc. (NYSE:STEW) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 18,500 shares, an increase of 193.7% from the January 31st total of 6,300 shares. Based on an average daily trading volume, of 79,800 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On SRH Total Return Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Pathstone Holdings LLC lifted its position in SRH Total Return Fund by 11.5% during the third quarter. Pathstone Holdings LLC now owns 1,197,409 shares of the company’s stock valued at $18,934,000 after purchasing an additional 123,445 shares in the last quarter. JP Wealth Management Inc. purchased a new position in SRH Total Return Fund during the fourth quarter valued at $14,841,000. Shaker Financial Services LLC lifted its position in SRH Total Return Fund by 10.9% during the fourth quarter. Shaker Financial Services LLC now owns 726,726 shares of the company’s stock valued at $11,642,000 after purchasing an additional 71,517 shares in the last quarter. CSS LLC IL lifted its position in SRH Total Return Fund by 0.7% during the fourth quarter. CSS LLC IL now owns 666,055 shares of the company’s stock valued at $10,670,000 after purchasing an additional 4,842 shares in the last quarter. Finally, AQR Arbitrage LLC lifted its position in SRH Total Return Fund by 4.5% during the fourth quarter. AQR Arbitrage LLC now owns 452,370 shares of the company’s stock valued at $7,238,000 after purchasing an additional 19,531 shares in the last quarter. 15.61% of the stock is currently owned by hedge funds and other institutional investors.

SRH Total Return Fund Stock Performance

Shares of STEW stock traded up $0.25 on Friday, reaching $16.96. The stock had a trading volume of 62,224 shares, compared to its average volume of 66,895. SRH Total Return Fund has a 1 year low of $14.19 and a 1 year high of $17.00. The company has a 50 day simple moving average of $16.43 and a 200 day simple moving average of $16.09.

SRH Total Return Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd will be paid a $0.165 dividend. The ex-dividend date is Wednesday, April 23rd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.89%.

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.