NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) Short Interest Update

NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 5,849,600 shares, an increase of 22.5% from the December 31st total of 4,776,200 shares. Based on an average trading volume of 29,100 shares, the days-to-cover ratio is presently 201.0 days.

NorthWest Healthcare Properties Real Estate Investment Trust Stock Up 0.5 %

NWHUF stock traded up $0.02 during midday trading on Monday, reaching $3.20. 47,118 shares of the company were exchanged, compared to its average volume of 32,281. The stock’s 50-day simple moving average is $3.25 and its 200 day simple moving average is $3.59. NorthWest Healthcare Properties Real Estate Investment Trust has a 1-year low of $2.92 and a 1-year high of $5.43.

NorthWest Healthcare Properties Real Estate Investment Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.0208 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a yield of 8.1%. NorthWest Healthcare Properties Real Estate Investment Trust’s payout ratio is -154.95%.

About NorthWest Healthcare Properties Real Estate Investment Trust

Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (Northwest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at September 30, 2023, of interests in a diversified portfolio of 229 income-producing properties and 18.2 million square feet of gross leasable area located throughout major markets in Canada, the United States, Brazil, Europe, Australia, and New Zealand.