Short Interest in National Healthcare Properties, Inc. (NASDAQ:NHPAP) Decreases By 95.0%

National Healthcare Properties, Inc. (NASDAQ:NHPAP) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 399 shares, a drop of 95.0% from the June 30th total of 7,923 shares. Based on an average daily trading volume, of 4,853 shares, the short-interest ratio is currently 0.1 days.

National Healthcare Properties Stock Performance

Shares of NHPAP stock traded down $0.09 on Friday, hitting $23.07. The company had a trading volume of 6,261 shares, compared to its average volume of 9,858. National Healthcare Properties has a twelve month low of $16.00 and a twelve month high of $23.50. The company has a 50-day moving average price of $22.76 and a 200-day moving average price of $20.78.

National Healthcare Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Thursday, July 2nd were given a dividend of $0.4609 per share. This represents a $1.84 annualized dividend and a yield of 8.0%. The ex-dividend date was Thursday, July 2nd.

Institutional Inflows and Outflows

A hedge fund recently raised its position in National Healthcare Properties stock. NBC Securities Inc. lifted its position in shares of National Healthcare Properties, Inc. (NASDAQ:NHPAP) by 96.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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 as of its most recent SEC filing.

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.