National Healthcare Properties, Inc. (NASDAQ:NHPBP) Short Interest Update

National Healthcare Properties, Inc. (NASDAQ:NHPBP) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 2,000 shares, a decline of 53.2% from the January 15th total of 4,278 shares. Based on an average trading volume of 4,665 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 4,665 shares, the days-to-cover ratio is presently 0.4 days.

National Healthcare Properties Stock Down 0.1%

Shares of NASDAQ NHPBP traded down $0.01 during midday trading on Thursday, reaching $19.09. 2,940 shares of the stock traded hands, compared to its average volume of 6,884. The company’s 50 day moving average is $18.60 and its 200 day moving average is $18.01. National Healthcare Properties has a one year low of $11.77 and a one year high of $19.11.

National Healthcare Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd were given a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a yield of 9.3%. This is an increase from National Healthcare Properties’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, January 2nd.

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.