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

SRH Total Return Fund, Inc. (NYSE:STEW) saw a large increase in short interest in 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 volume of 79,800 shares, the short-interest ratio is presently 0.2 days.

SRH Total Return Fund Stock Up 1.5 %

NYSE:STEW traded up $0.25 during mid-day trading on Friday, reaching $16.96. 62,224 shares of the company’s stock traded hands, compared to its average volume of 66,895. SRH Total Return Fund has a 12-month low of $14.19 and a 12-month high of $17.00. The company has a 50 day moving average price of $16.43 and a 200-day moving average price of $16.09.

SRH Total Return Fund Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. JP Wealth Management Inc. purchased a new position in shares of SRH Total Return Fund during the 4th quarter worth approximately $14,841,000. Raymond James Financial Inc. purchased a new position in shares of SRH Total Return Fund during the 4th quarter worth approximately $3,665,000. Consolidated Portfolio Review Corp purchased a new position in shares of SRH Total Return Fund during the 4th quarter worth approximately $2,277,000. Pathstone Holdings LLC grew its holdings in shares of SRH Total Return Fund by 11.5% during the 3rd quarter. Pathstone Holdings LLC now owns 1,197,409 shares of the company’s stock worth $18,934,000 after acquiring an additional 123,445 shares during the period. Finally, Capstone Investment Advisors LLC purchased a new position in shares of SRH Total Return Fund during the 4th quarter worth approximately $1,757,000. Hedge funds and other institutional investors 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.