Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 137,400 shares, a growth of 56.8% from the August 31st total of 87,600 shares. Currently, 4.2% of the company’s stock are sold short. Based on an average daily trading volume, of 32,100 shares, the days-to-cover ratio is currently 4.3 days.
Strawberry Fields REIT Trading Up 1.1 %
NYSEAMERICAN:STRW opened at $11.75 on Friday. The firm has a market capitalization of $80.84 million, a P/E ratio of 1.38 and a beta of 0.25. Strawberry Fields REIT has a 1 year low of $5.93 and a 1 year high of $12.84.
Strawberry Fields REIT Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.52 annualized dividend and a yield of 4.43%. Strawberry Fields REIT’s payout ratio is 120.93%.
Insiders Place Their Bets
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Strawberry Fields REIT stock. Rhumbline Advisers acquired a new stake in shares of Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,981 shares of the company’s stock, valued at approximately $57,000. Rhumbline Advisers owned 0.08% of Strawberry Fields REIT at the end of the most recent quarter.
Strawberry Fields REIT Company Profile
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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