Short Interest in National Healthcare Properties, Inc. (NASDAQ:NHPAP) Decreases By 95.0%

National Healthcare Properties, Inc. (NASDAQ:NHPAPGet Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 399 shares, a decline of 95.0% from the June 30th total of 7,923 shares. Based on an average daily volume of 4,853 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of National Healthcare Properties

An institutional investor recently raised its position in National Healthcare Properties stock. NBC Securities Inc. boosted its holdings in shares of National Healthcare Properties, Inc. (NASDAQ:NHPAPFree Report) by 96.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,625 shares of the company’s stock after purchasing an additional 4,243 shares during the period. 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 (SEC).

National Healthcare Properties Price Performance

NASDAQ NHPAP traded down $0.09 during trading hours on Friday, reaching $23.07. The stock had a trading volume of 6,261 shares, compared to its average volume of 9,858. National Healthcare Properties has a 52-week low of $16.00 and a 52-week high of $23.50. The stock has a fifty day moving average of $22.76 and a 200 day moving average of $20.78.

National Healthcare Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd were issued a $0.4609 dividend. This represents a $1.84 annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend was Thursday, July 2nd.

National Healthcare Properties Company Profile

(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.

See Also

Receive News & Ratings for National Healthcare Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Healthcare Properties and related companies with MarketBeat.com's FREE daily email newsletter.