National Healthcare Properties, Inc. (NASDAQ:NHPAP) Sees Large Drop in Short Interest

National Healthcare Properties, Inc. (NASDAQ:NHPAP) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 2,472 shares, a decrease of 54.3% from the May 14th total of 5,412 shares. Based on an average trading volume of 32,253 shares, the short-interest ratio is currently 0.1 days.

National Healthcare Properties Stock Up 0.2%

Shares of NHPAP traded up $0.05 during mid-day trading on Friday, hitting $22.48. 66,980 shares of the stock were exchanged, compared to its average volume of 11,038. National Healthcare Properties has a 52-week low of $14.00 and a 52-week high of $22.61. The firm has a 50-day moving average of $21.43 and a two-hundred day moving average of $19.96.

National Healthcare Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, April 6th were issued a dividend of $0.4609 per share. This represents a $1.84 annualized dividend and a yield of 8.2%. The ex-dividend date was Monday, April 6th.

Institutional Trading of National Healthcare Properties

An institutional investor recently raised its position in National Healthcare Properties stock. NBC Securities Inc. grew its holdings in National Healthcare Properties, Inc. (NASDAQ:NHPAP) by 96.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 & Exchange Commission.

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.