National Healthcare Properties, Inc. (NASDAQ:NHPBP) Short Interest Update

National Healthcare Properties, Inc. (NASDAQ:NHPBP) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 834 shares, a drop of 39.0% from the August 15th total of 1,367 shares. Based on an average trading volume of 4,064 shares, the short-interest ratio is currently 0.2 days.

National Healthcare Properties Price Performance

NASDAQ:NHPBP traded down $0.06 during midday trading on Friday, hitting $25.34. 4,505 shares of the stock were exchanged, compared to its average volume of 12,199. National Healthcare Properties has a one year low of $17.00 and a one year high of $25.45. The business has a 50-day moving average price of $24.27 and a two-hundred day moving average price of $22.00.

National Healthcare Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd were issued a $0.4453 dividend. The ex-dividend date was Thursday, July 2nd. This represents a $1.78 annualized dividend and a dividend yield of 7.0%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in National Healthcare Properties stock. Bank of New York Mellon Corp purchased a new stake in National Healthcare Properties, Inc. (NASDAQ:NHPBP) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 551,799 shares of the company’s stock, valued at approximately $8,084,000.

About National Healthcare Properties

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.