National Healthcare Properties, Inc. (NASDAQ:NHPBP – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,509 shares, a growth of 100.1% from the September 15th total of 754 shares. Based on an average daily trading volume, of 9,227 shares, the short-interest ratio is currently 0.2 days.
National Healthcare Properties Stock Performance
Shares of NASDAQ:NHPBP remained flat at $25.44 during trading on Wednesday. National Healthcare Properties has a 1 year low of $17.00 and a 1 year high of $25.45. The firm has a 50 day moving average of $25.27 and a two-hundred day moving average of $22.85.
Hedge Funds Weigh In On National Healthcare Properties
A hedge fund recently bought a new stake in National Healthcare Properties stock. Bank of New York Mellon Corp bought a new stake in National Healthcare Properties, Inc. (NASDAQ:NHPBP – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 551,799 shares of the company’s stock, valued at approximately $8,084,000.
National Healthcare Properties Company Profile
National Healthcare Properties, Inc was a real estate investment trust focused on owning and leasing healthcare-related properties. Its portfolio historically included skilled nursing facilities, assisted-living communities, medical office buildings and other healthcare facilities operated by third-party healthcare providers.
The company generated rental income through long-term leases with healthcare operators and served the healthcare real estate market in the United States. Its properties were generally leased under arrangements designed to provide relatively predictable cash flow while allowing healthcare providers to operate the facilities.
National Healthcare Properties was acquired by Health Care REIT, Inc in 2007, and its common stock ceased trading following the transaction.
Further Reading
- Five stocks we like better than National Healthcare Properties
- Birkenstock’s Strong Growth Creates a Buying Opportunity
- High Voltage Returns: Navitas Rewires AI Data Centers
- Quantum BioPharma’s Phase 2 Shows Where Biotech Value Actually Gets Built
- Albertsons Is Betting on a Turnaround—But Will It Pay Off?
Receive News & Ratings for National Healthcare Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Healthcare Properties and related companies with MarketBeat.com's FREE daily email newsletter.
