Star Equity Holdings, Inc. (NASDAQ:STRRP – Get Free Report) was the recipient of a large drop in short interest in May. As of May 31st, there was short interest totalling 200 shares, a drop of 89.5% from the May 15th total of 1,900 shares. Based on an average daily volume of 2,100 shares, the short-interest […]
Star Equity Holdings, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 9.12 million compared to USD 12.35 million a.
Star Equity Holdings announced that its KBS Builders (“KBS”) business unit has closed a $4 million revolving line of credit with KeyBank. KBS intends to use the LOC to meet its working capital requirements and execute its business plan. The closing of this LOC provides both KBS and Star with financial flexibility to focus on their respective growth.