Senior Housing Properties Trust (SNH) Short Interest Up 47.3% in August
Senior Housing Properties Trust (NASDAQ:SNH) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 4,631,691 shares, an increase of 47.3% from the August 15th total of 3,144,577 shares. Based on an average daily trading volume, of 807,966 shares, the short-interest ratio is presently 5.7 days. Approximately 2.0% of the shares of the stock are short sold.
A number of equities analysts recently weighed in on the company. BidaskClub raised Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a report on Thursday, August 3rd. ValuEngine cut Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, September 1st.
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Senior Housing Properties Trust Company Profile
Senior Housing Properties Trust is a real estate investment trust (REIT). The Company’s segments include triple net senior living communities that provide short term and long term residential care and other services for residents; managed senior living communities that provide short term and long term residential care and other services for residents; properties leased to medical providers, medical related businesses, clinics and biotech laboratory tenants (MOBs), and all other, including certain properties that offer wellness, fitness and spa services to members.
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