National Healthcare Properties, Inc. (NASDAQ:NHPBP) Short Interest Up 32.4% in December

National Healthcare Properties, Inc. (NASDAQ:NHPBP) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 3,432 shares, an increase of 32.4% from the November 30th total of 2,593 shares. Based on an average daily trading volume, of 9,973 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 9,973 shares, the days-to-cover ratio is currently 0.3 days.

National Healthcare Properties Stock Down 0.9%

Shares of NHPBP traded down $0.17 during midday trading on Wednesday, reaching $18.38. The company had a trading volume of 2,322 shares, compared to its average volume of 6,156. National Healthcare Properties has a 1-year low of $11.77 and a 1-year high of $18.80. The firm has a 50 day simple moving average of $18.15 and a 200-day simple moving average of $17.25.

National Healthcare Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd will be issued a $0.4453 dividend. This represents a $1.78 annualized dividend and a yield of 9.7%. The ex-dividend date is Friday, January 2nd. This is a positive change from National Healthcare Properties’s previous quarterly dividend of $0.45.

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.