National Healthcare Properties, Inc. (NASDAQ:NHPAP) Sees Significant Increase in Short Interest

National Healthcare Properties, Inc. (NASDAQ:NHPAPGet Free Report) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 5,677 shares, an increase of 33.1% from the January 15th total of 4,265 shares. Based on an average trading volume of 5,103 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 5,103 shares, the days-to-cover ratio is currently 1.1 days.

National Healthcare Properties Stock Performance

National Healthcare Properties stock traded up $0.07 during mid-day trading on Tuesday, hitting $19.57. The company’s stock had a trading volume of 3,154 shares, compared to its average volume of 6,337. The business has a 50 day moving average price of $19.17 and a 200-day moving average price of $18.53. National Healthcare Properties has a 12 month low of $11.75 and a 12 month high of $19.65.

National Healthcare Properties Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd were paid a $0.4609 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend was Friday, January 2nd.

Hedge Funds Weigh In On National Healthcare Properties

An institutional investor recently raised its position in National Healthcare Properties stock. NBC Securities Inc. boosted its stake in National Healthcare Properties, Inc. (NASDAQ:NHPAPFree Report) by 96.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,625 shares of the company’s stock after acquiring an additional 4,243 shares during the period. NBC Securities Inc.’s holdings in National Healthcare Properties were worth $165,000 at the end of the most recent reporting period.

National Healthcare Properties Company Profile

(Get Free Report)

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.

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