Short Interest in Regional Health Properties Inc (RHE) Drops By 13.4%
Regional Health Properties Inc (NYSEAMERICAN:RHE) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 1,036,860 shares, a drop of 13.4% from the October 15th total of 1,196,815 shares. Based on an average daily trading volume, of 1,021,044 shares, the days-to-cover ratio is currently 1.0 days. Currently, 5.9% of the company’s stock are sold short.
Shares of NYSEAMERICAN:RHE opened at $0.17 on Friday. Regional Health Properties has a one year low of $0.10 and a one year high of $0.88.
Regional Health Properties (NYSEAMERICAN:RHE) last announced its earnings results on Wednesday, August 15th. The company reported ($0.23) EPS for the quarter. The company had revenue of $5.31 million during the quarter.
Regional Health Properties Company Profile
Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term healthcare through facility lease and sub-lease transaction. The company's facilities offer a range of health care and related services to patients and residents, including skilled nursing and assisted living services, social services, various therapy services, and other rehabilitative and healthcare services for long-term and short-stay patients and residents.
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