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 in January. As of January 15th, there was short interest totaling 4,265 shares, a drop of 18.3% from the December 31st total of 5,223 shares. Based on an average daily volume of 8,822 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 8,822 shares, the short-interest ratio is presently 0.5 days.

National Healthcare Properties Stock Up 0.1%

Shares of NHPAP traded up $0.01 during mid-day trading on Wednesday, hitting $19.43. 6,470 shares of the company were exchanged, compared to its average volume of 6,655. The company has a 50 day moving average of $19.08 and a 200-day moving average of $18.33. National Healthcare Properties has a 1-year low of $11.75 and a 1-year high of $19.55.

National Healthcare Properties Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd were issued a dividend of $0.4609 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.84 dividend on an annualized basis and a dividend yield of 9.5%.

Institutional Trading of National Healthcare Properties

An institutional investor recently raised its position in National Healthcare Properties stock. NBC Securities Inc. increased its position in shares of National Healthcare Properties, Inc. (NASDAQ:NHPAP) by 96.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,625 shares of the company’s stock after acquiring 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 filing with the Securities and Exchange Commission.

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.