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

National Healthcare Properties, Inc. (NASDAQ:NHPBP) was the target of a large drop in short interest in the month of 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 trading volume, of 4,064 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor 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:NHPBP) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 551,799 shares of the company’s stock, valued at approximately $8,084,000.

National Healthcare Properties Trading Up 0.0%

NASDAQ NHPBP traded up $0.01 on Wednesday, hitting $25.39. The company’s stock had a trading volume of 298 shares, compared to its average volume of 12,314. The company’s 50-day moving average is $24.16 and its 200 day moving average is $21.91. National Healthcare Properties has a 1-year low of $17.00 and a 1-year high of $25.45.

National Healthcare Properties Announces Dividend

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

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.