Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 137,400 shares, an increase of 56.8% from the August 31st total of 87,600 shares. Based on an average daily trading volume, of 32,100 shares, the short-interest ratio is currently 4.3 days. Approximately 4.2% of the company’s shares are sold short.
Strawberry Fields REIT Trading Up 8.9 %
Shares of Strawberry Fields REIT stock traded up $1.05 during trading on Friday, reaching $12.80. 33,858 shares of the stock were exchanged, compared to its average volume of 15,342. Strawberry Fields REIT has a 1 year low of $5.93 and a 1 year high of $12.84. The firm has a market cap of $88.06 million, a P/E ratio of 29.77 and a beta of 0.25.
Strawberry Fields REIT Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a $0.13 dividend. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.06%. Strawberry Fields REIT’s dividend payout ratio is currently 120.93%.
Insider Transactions at Strawberry Fields REIT
Hedge Funds Weigh In On Strawberry Fields REIT
An institutional investor recently bought a new position in Strawberry Fields REIT stock. Rhumbline Advisers purchased a new position in Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,981 shares of the company’s stock, valued at approximately $57,000. Rhumbline Advisers owned approximately 0.08% of Strawberry Fields REIT at the end of the most recent reporting period.
About Strawberry Fields REIT
Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.
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