National Healthcare Properties, Inc. (NASDAQ:NHPBP) Sees Significant Decrease in Short Interest

National Healthcare Properties, Inc. (NASDAQ:NHPBP) was the recipient of a significant decline in short interest in 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 Performance

Shares of NASDAQ:NHPBP traded down $0.41 during trading hours on Friday, hitting $18.67. 28,515 shares of the company’s stock traded hands, compared to its average volume of 6,987. The company’s fifty day simple moving average is $18.61 and its two-hundred day simple moving average is $18.02. National Healthcare Properties has a 52 week low of $11.77 and a 52 week high of $19.11.

National Healthcare Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, January 2nd were issued a dividend of $0.4453 per share. The ex-dividend date was Friday, January 2nd. This is a positive change from National Healthcare Properties’s previous quarterly dividend of $0.45. This represents a $1.78 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.