National Healthcare Properties, Inc. (NASDAQ:NHPBP – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 662 shares, a decrease of 71.9% from the May 14th total of 2,358 shares. Based on an average daily trading volume, of 21,717 shares, the short-interest ratio is currently 0.0 days.
National Healthcare Properties Stock Performance
NASDAQ:NHPBP traded down $0.03 during mid-day trading on Thursday, hitting $22.14. 19,172 shares of the stock were exchanged, compared to its average volume of 10,047. The firm’s 50-day simple moving average is $20.87 and its 200 day simple moving average is $19.42. National Healthcare Properties has a fifty-two week low of $13.30 and a fifty-two week high of $22.28.
National Healthcare Properties Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, April 6th were issued a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend was Monday, April 6th.
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.
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