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 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 daily trading volume, of 5,720 shares, the days-to-cover ratio is presently 1.2 days.

National Healthcare Properties Stock Performance

Shares of National Healthcare Properties stock traded down $0.30 during trading on Friday, hitting $18.48. 4,446 shares of the stock traded hands, compared to its average volume of 6,238. The stock’s fifty day simple moving average is $18.83 and its 200 day simple moving average is $18.34. National Healthcare Properties has a 52-week low of $11.77 and a 52-week high of $19.11.

National Healthcare Properties Dividend Announcement

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

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.