National Healthcare Properties, Inc. (NASDAQ:NHPBP) Sees Significant Drop in Short Interest

National Healthcare Properties, Inc. (NASDAQ:NHPBPGet Free Report) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 2,552 shares, a decline of 67.7% from the April 15th total of 7,909 shares. Based on an average daily trading volume, of 7,495 shares, the short-interest ratio is currently 0.3 days.

National Healthcare Properties Stock Down 0.9%

Shares of NASDAQ NHPBP traded down $0.19 during midday trading on Friday, reaching $20.70. The company’s stock had a trading volume of 15,239 shares, compared to its average volume of 8,649. National Healthcare Properties has a fifty-two week low of $13.04 and a fifty-two week high of $21.76. The business’s 50 day moving average price is $19.67 and its two-hundred day moving average price is $18.86.

National Healthcare Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, April 6th were given a $0.4453 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date was Monday, April 6th.

About National Healthcare Properties

(Get Free Report)

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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