National Healthcare Properties, Inc. (NASDAQ:NHPBP) Sees Significant Decrease in Short Interest

National Healthcare Properties, Inc. (NASDAQ:NHPBPGet Free Report) saw a large 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 daily volume of 4,064 shares, the short-interest ratio is presently 0.2 days.

National Healthcare Properties Trading Up 0.0%

Shares of National Healthcare Properties stock traded up $0.01 during midday trading on Wednesday, hitting $25.39. 298 shares of the company traded hands, compared to its average volume of 12,314. The firm’s fifty day moving average price is $24.16 and its 200-day moving average price is $21.91. National Healthcare Properties has a 12 month low of $17.00 and a 12 month high of $25.45.

National Healthcare Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd were paid a dividend of $0.4453 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend was Thursday, July 2nd.

Institutional Inflows and Outflows

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

About National Healthcare Properties

(Get Free Report)

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.

Further Reading

Receive News & Ratings for National Healthcare Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Healthcare Properties and related companies with MarketBeat.com's FREE daily email newsletter.