National Healthcare Properties, Inc. (NASDAQ:NHPAP) Short Interest Down 26.1% in February

National Healthcare Properties, Inc. (NASDAQ:NHPAP) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 4,198 shares, a decline of 26.1% from the January 29th total of 5,677 shares. Based on an average trading volume of 5,364 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 5,364 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in National Healthcare Properties stock. NBC Securities Inc. grew its stake in shares of National Healthcare Properties, Inc. (NASDAQ:NHPAP) by 96.8% in the fourth quarter, according to its most recent filing with the SEC. The fund 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 Stock Down 0.5%

Shares of NASDAQ NHPAP traded down $0.09 during midday trading on Wednesday, hitting $19.35. The company had a trading volume of 1,985 shares, compared to its average volume of 7,293. The business has a 50-day simple moving average of $19.20 and a two-hundred day simple moving average of $18.70. National Healthcare Properties has a twelve month low of $11.75 and a twelve month high of $19.67.

National Healthcare Properties Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, January 2nd were given a dividend of $0.4609 per share. The ex-dividend date was Friday, January 2nd. This represents a $1.84 dividend on an annualized basis and a yield of 9.5%.

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.