Short Interest in National HealthCare Corporation (NYSEAMERICAN:NHC) Declines By 19.1%

National HealthCare Corporation (NYSEAMERICAN:NHC) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 337,737 shares, a drop of 19.1% from the December 31st total of 417,491 shares. Based on an average daily volume of 79,596 shares, the short-interest ratio is currently 4.2 days. Currently, 2.6% of the shares of the stock are sold short. Currently, 2.6% of the shares of the stock are sold short. Based on an average daily volume of 79,596 shares, the short-interest ratio is currently 4.2 days.

National HealthCare Price Performance

NHC stock traded up $6.18 on Monday, hitting $149.29. 66,069 shares of the company’s stock traded hands, compared to its average volume of 66,275. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 23.04 and a beta of 0.64. National HealthCare has a 1-year low of $89.14 and a 1-year high of $149.29. The company has a current ratio of 1.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.06. The stock has a fifty day moving average of $137.84 and a 200-day moving average of $123.15.

National HealthCare (NYSEAMERICAN:NHC) last posted its quarterly earnings results on Thursday, November 6th. The company reported $1.58 earnings per share (EPS) for the quarter. The company had revenue of $382.66 million for the quarter. National HealthCare had a return on equity of 9.52% and a net margin of 6.75%.

National HealthCare Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were paid a $0.64 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.56 dividend on an annualized basis and a yield of 1.7%. National HealthCare’s dividend payout ratio (DPR) is currently 59.12%.

About National HealthCare

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.