National Healthcare Properties, Inc. (NASDAQ:NHPBP) Short Interest Up 41.6% in March

National Healthcare Properties, Inc. (NASDAQ:NHPBP) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 6,986 shares, a growth of 41.6% from the February 26th total of 4,935 shares. Based on an average trading volume of 5,720 shares, the days-to-cover ratio is presently 1.2 days.

National Healthcare Properties Trading Down 1.6%

Shares of NASDAQ NHPBP traded down $0.30 during mid-day trading on Friday, reaching $18.48. 4,446 shares of the company were exchanged, compared to its average volume of 6,238. National Healthcare Properties has a 1 year low of $11.77 and a 1 year high of $19.11. The firm has a 50-day moving average of $18.83 and a 200 day moving average of $18.34.

National Healthcare Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, April 6th will be issued a $0.4453 dividend. The ex-dividend date is Monday, April 6th. This represents a $1.78 dividend on an annualized basis and a yield of 9.6%.

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.