Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Short Interest Update

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 4,200 shares, a drop of 16.0% from the March 31st total of 5,000 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 3,300 shares, the short-interest ratio is currently 1.3 days.

Analysts Set New Price Targets

Separately, Colliers Securities began coverage on Strawberry Fields REIT in a report on Friday, January 26th. They set a “buy” rating and a $10.00 price target on the stock.

Strawberry Fields REIT Stock Performance

Shares of NYSEAMERICAN STRW opened at $8.96 on Friday. The firm has a market cap of $57.88 million, a PE ratio of 22.77 and a beta of 0.42. Strawberry Fields REIT has a one year low of $5.93 and a one year high of $8.98.

Strawberry Fields REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 21st were paid a $0.12 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $0.48 annualized dividend and a dividend yield of 5.36%.

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.