National Healthcare Properties, Inc. (NASDAQ:NHPAP) Short Interest Update

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

Institutional Investors Weigh In On National Healthcare Properties

An institutional investor recently raised its position in National Healthcare Properties stock. NBC Securities Inc. increased its stake in National Healthcare Properties, Inc. (NASDAQ:NHPAP) by 96.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,625 shares of the company’s stock after purchasing an additional 4,243 shares during the quarter. NBC Securities Inc.’s holdings in National Healthcare Properties were worth $165,000 at the end of the most recent quarter.

National Healthcare Properties Price Performance

Shares of NASDAQ NHPAP traded down $0.05 during midday trading on Tuesday, hitting $19.44. 3,412 shares of the company’s stock traded hands, compared to its average volume of 7,422. The firm has a fifty day moving average of $19.20 and a 200 day moving average of $18.70. National Healthcare Properties has a 1 year low of $11.75 and a 1 year high of $19.67.

National Healthcare Properties Cuts 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 dividend of $0.4609 per share. This represents a $1.84 annualized dividend and a dividend yield of 9.5%. The ex-dividend date was Friday, January 2nd.

About National Healthcare Properties

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.