National Healthcare Properties, Inc. (NASDAQ:NHPAP) Short Interest Down 18.3% in January

National Healthcare Properties, Inc. (NASDAQ:NHPAP) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 4,265 shares, a decline of 18.3% from the December 31st total of 5,223 shares. Based on an average daily volume of 8,822 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 8,822 shares, the days-to-cover ratio is currently 0.5 days.

National Healthcare Properties Stock Performance

Shares of NASDAQ NHPAP traded down $0.15 during midday trading on Monday, reaching $19.35. 2,954 shares of the company were exchanged, compared to its average volume of 6,779. National Healthcare Properties has a 1 year low of $11.75 and a 1 year high of $19.55. The stock has a fifty day simple moving average of $19.06 and a 200 day simple moving average of $18.31.

National Healthcare Properties Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd were paid a $0.4609 dividend. This represents a $1.84 annualized dividend and a yield of 9.5%. The ex-dividend date of this dividend was Friday, January 2nd.

Institutional Inflows and Outflows

An institutional investor recently raised its position in National Healthcare Properties stock. NBC Securities Inc. grew its stake in shares of National Healthcare Properties, Inc. (NASDAQ:NHPAP) by 96.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 at the end of the most recent reporting period.

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.