SRH Total Return Fund, Inc. (NYSE:STEW) Short Interest Up 87.4% in March

SRH Total Return Fund, Inc. (NYSE:STEW) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 26,800 shares, a growth of 87.4% from the February 28th total of 14,300 shares. Based on an average trading volume of 74,300 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On SRH Total Return Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. B. Riley Wealth Advisors Inc. boosted its holdings in SRH Total Return Fund by 6.4% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 401,936 shares of the company’s stock worth $6,439,000 after acquiring an additional 24,005 shares during the last quarter. CSS LLC IL boosted its holdings 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 worth $10,670,000 after purchasing an additional 4,842 shares during the last quarter. Waverly Advisors LLC bought a new stake in SRH Total Return Fund in the 4th quarter worth about $241,000. Quantedge Capital Pte Ltd increased its stake in SRH Total Return Fund by 10.8% in the 4th quarter. Quantedge Capital Pte Ltd now owns 193,203 shares of the company’s stock valued at $3,095,000 after buying an additional 18,800 shares during the last quarter. Finally, Millennium Management LLC bought a new position in shares of SRH Total Return Fund during the 4th quarter worth approximately $337,000. 15.61% of the stock is owned by hedge funds and other institutional investors.

SRH Total Return Fund Trading Down 0.8 %

STEW stock opened at $17.17 on Friday. The business has a 50-day simple moving average of $16.66 and a two-hundred day simple moving average of $16.23. SRH Total Return Fund has a 52-week low of $14.19 and a 52-week high of $17.46.

SRH Total Return Fund Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 23rd will be given a dividend of $0.165 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $0.66 annualized dividend and a dividend yield of 3.84%.

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.