Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Short Interest Up 56.8% in September

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) 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

In other news, CEO Moishe Gubin bought 9,529 shares of the business’s stock in a transaction dated Monday, July 22nd. The shares were purchased at an average price of $9.95 per share, for a total transaction of $94,813.55. Following the completion of the acquisition, the chief executive officer now owns 450,111 shares of the company’s stock, valued at $4,478,604.45. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 10.60% of the company’s stock.

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) 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.