Short Interest in Star Bulk Carriers Corp. (NASDAQ:SBLK) Expands By 64.1%

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Short interest in Star Bulk Carriers Corp. (NASDAQ:SBLK) significantly increased by 64.1% in March, reaching 1,957,307 shares, indicating a rise in bearish sentiment. Despite this, the company recently increased its quarterly dividend to $0.37, resulting in a 6.6% yield, although its payout ratio of 202.7% raises sustainability concerns. SBLK reported better-than-expected EPS but missed revenue estimates for its last quarter and currently holds a “Hold” consensus rating from analysts.

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