Regional Health Properties Inc (NYSEAMERICAN:RHE) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 90,100 shares, a decrease of 7.1% from the January 15th total of 97,000 shares. Currently, 6.0% of the shares of the stock are short sold. Based on an average daily volume of 54,500 shares, the days-to-cover ratio is presently 1.7 days.
A hedge fund recently bought a new stake in Regional Health Properties stock. Renaissance Technologies LLC acquired a new stake in Regional Health Properties Inc (NYSEAMERICAN:RHE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 22,598 shares of the company’s stock, valued at approximately $32,000. Renaissance Technologies LLC owned about 1.34% of Regional Health Properties as of its most recent filing with the Securities and Exchange Commission (SEC).
RHE opened at $1.44 on Friday. Regional Health Properties has a one year low of $1.06 and a one year high of $5.30.
Regional Health Properties (NYSEAMERICAN:RHE) last released its quarterly earnings results on Wednesday, November 13th. The company reported ($0.97) EPS for the quarter. The firm had revenue of $4.83 million for the quarter.
About Regional Health Properties
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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