Short Interest in National Healthcare Properties, Inc. (NASDAQ:NHPBP) Declines By 71.9%

National Healthcare Properties, Inc. (NASDAQ:NHPBP) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 662 shares, a decline of 71.9% from the May 14th total of 2,358 shares. Based on an average daily trading volume, of 21,717 shares, the days-to-cover ratio is presently 0.0 days.

National Healthcare Properties Stock Performance

NASDAQ NHPBP traded up $0.02 during trading hours on Friday, hitting $22.16. 26,657 shares of the company’s stock traded hands, compared to its average volume of 10,194. The business’s fifty day moving average price is $21.01 and its two-hundred day moving average price is $19.47. National Healthcare Properties has a 52 week low of $13.30 and a 52 week high of $22.28.

National Healthcare Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, April 6th were given a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a yield of 8.0%. The ex-dividend date was Monday, April 6th.

National Healthcare Properties Company Profile

NHP is a $2.6 billion healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings and Senior Housing Operating Properties.