SRH Total Return Fund, Inc. (NYSE:STEW) Short Interest Down 22.7% in February

SRH Total Return Fund, Inc. (NYSE:STEW) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 14,300 shares, a drop of 22.7% from the February 13th total of 18,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 78,400 shares, the days-to-cover ratio is currently 0.2 days.

SRH Total Return Fund Stock Up 0.3 %

STEW stock traded up $0.05 during midday trading on Wednesday, hitting $16.63. 18,636 shares of the stock traded hands, compared to its average volume of 77,757. The stock’s fifty day simple moving average is $16.52 and its 200-day simple moving average is $16.17. SRH Total Return Fund has a 1-year low of $14.19 and a 1-year high of $17.10.

SRH Total Return Fund Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd will be given a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $0.66 annualized dividend and a dividend yield of 3.97%.

Institutional Trading of SRH Total Return Fund

Several institutional investors have recently modified their holdings of the stock. Pathstone Holdings LLC grew its position in shares of SRH Total Return Fund by 11.5% in 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 during the period. JP Wealth Management Inc. acquired a new stake in shares of SRH Total Return Fund in the fourth quarter valued at about $14,841,000. Shaker Financial Services LLC grew its position in shares of SRH Total Return Fund by 10.9% in 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 during the period. CSS LLC IL grew its position in shares of SRH Total Return Fund by 0.7% in 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 during the period. Finally, AQR Arbitrage LLC grew its position in shares of SRH Total Return Fund by 4.5% in 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 during the period. Institutional investors and hedge funds own 15.61% of the company’s stock.

About SRH Total Return Fund

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.