National Healthcare Properties, Inc. (NASDAQ:NHPAP) Short Interest Up 249.8% in June

National Healthcare Properties, Inc. (NASDAQ:NHPAP) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 7,923 shares, a growth of 249.8% from the June 15th total of 2,265 shares. Based on an average trading volume of 6,099 shares, the short-interest ratio is presently 1.3 days.

Hedge Funds Weigh In On National Healthcare Properties

An institutional investor recently raised its position in National Healthcare Properties stock. NBC Securities Inc. grew its holdings in shares of National Healthcare Properties, Inc. (NASDAQ:NHPAP) by 96.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,625 shares of the company’s stock after buying an additional 4,243 shares during the period. NBC Securities Inc.’s holdings in National Healthcare Properties were worth $165,000 as of its most recent filing with the Securities and Exchange Commission.

National Healthcare Properties Trading Down 0.2%

Shares of NASDAQ NHPAP traded down $0.05 during trading on Tuesday, reaching $23.15. 1,525 shares of the stock were exchanged, compared to its average volume of 10,217. The business’s 50-day moving average price is $22.42 and its 200 day moving average price is $20.53. National Healthcare Properties has a twelve month low of $15.45 and a twelve month high of $23.50.

National Healthcare Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.4609 per share. This represents a $1.84 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Thursday, July 2nd.

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.