Short Interest in National Healthcare Properties, Inc. (NASDAQ:NHPBP) Decreases By 50.4%

National Healthcare Properties, Inc. (NASDAQ:NHPBPGet Free Report) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 4,935 shares, a decrease of 50.4% from the February 12th total of 9,941 shares. Based on an average daily trading volume, of 2,752 shares, the days-to-cover ratio is currently 1.8 days. Based on an average daily trading volume, of 2,752 shares, the days-to-cover ratio is currently 1.8 days.

National Healthcare Properties Price Performance

NASDAQ NHPBP traded down $0.33 during mid-day trading on Friday, reaching $18.58. The stock had a trading volume of 1,719 shares, compared to its average volume of 6,515. National Healthcare Properties has a 1 year low of $11.77 and a 1 year high of $19.11. The company has a fifty day moving average price of $18.74 and a 200 day moving average price of $18.28.

National Healthcare Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd were paid a $0.4453 dividend. This is an increase from National Healthcare Properties’s previous quarterly dividend of $0.45. This represents a $1.78 annualized dividend and a dividend yield of 9.6%. The ex-dividend date was Friday, January 2nd.

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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