Short Interest in National Healthcare Properties, Inc. (NASDAQ:NHPAP) Drops By 27.5%

National Healthcare Properties, Inc. (NASDAQ:NHPAP) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 5,766 shares, a decline of 27.5% from the November 30th total of 7,958 shares. Based on an average daily volume of 10,560 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 10,560 shares, the days-to-cover ratio is currently 0.5 days.

National Healthcare Properties Price Performance

Shares of NASDAQ:NHPAP traded down $0.05 during trading on Tuesday, reaching $19.11. The company had a trading volume of 1,513 shares, compared to its average volume of 9,265. The company has a fifty day moving average of $18.62 and a two-hundred day moving average of $17.63. National Healthcare Properties has a 12 month low of $11.75 and a 12 month high of $19.55.

National Healthcare Properties Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd will be paid a $0.4609 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.84 annualized dividend and a yield of 9.6%.

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.