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

National Healthcare Properties, Inc. (NASDAQ:NHP) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,954,041 shares, an increase of 125.8% from the June 15th total of 1,751,450 shares. Approximately 5.4% of the company’s shares are short sold. Based on an average daily trading volume, of 1,913,413 shares, the short-interest ratio is currently 2.1 days.

National Healthcare Properties Stock Performance

NASDAQ:NHP opened at $15.56 on Friday. The stock has a market capitalization of $1.13 billion and a P/E ratio of 11.52. The stock’s 50 day moving average is $14.54. National Healthcare Properties has a fifty-two week low of $11.25 and a fifty-two week high of $16.14.

National Healthcare Properties (NASDAQ:NHP) last announced its quarterly earnings data on Wednesday, May 13th. The company reported ($0.27) earnings per share (EPS) for the quarter. The firm had revenue of $86.29 million for the quarter.

National Healthcare Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Wednesday, July 15th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Wednesday, July 15th.

Analysts Set New Price Targets

Several analysts have commented on NHP shares. Zacks Research raised shares of National Healthcare Properties to a “hold” rating in a research note on Tuesday, June 9th. Royal Bank Of Canada began coverage on National Healthcare Properties in a research note on Monday, May 18th. They set a “sector perform” rating and a $15.00 price target on the stock. BMO Capital Markets began coverage on National Healthcare Properties in a report on Monday, May 18th. They set a “market perform” rating and a $17.00 price objective on the stock. Robert W. Baird assumed coverage on National Healthcare Properties in a research report on Monday, May 18th. They issued an “outperform” rating and a $17.00 price objective for the company. Finally, Citigroup assumed coverage on National Healthcare Properties in a research note on Thursday, May 28th. They issued an “outperform” rating for the company. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $17.25.