Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) Short Interest Down 21.4% in January

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Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) saw a significant 21.4% decrease in short interest during January, indicating reduced bearish sentiment. Despite this, the stock maintains a “Hold” consensus rating from analysts, with a target price of $20.95. The company recently increased its quarterly dividend to $0.35, resulting in a 6.7% yield, though its high payout ratio of 138.61% raises concerns about sustainability.

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