Regional Health Properties, Inc. (NYSEAMERICAN:RHE) Short Interest Down 55.6% in June

Regional Health Properties, Inc. (NYSEAMERICAN:RHE) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 400 shares, a drop of 55.6% from the May 31st total of 900 shares. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Regional Health Properties Stock Performance

Shares of RHE stock traded up $0.09 during mid-day trading on Friday, reaching $2.07. 250 shares of the company’s stock traded hands, compared to its average volume of 3,900. Regional Health Properties has a 12 month low of $1.35 and a 12 month high of $3.72.

Regional Health Properties (NYSEAMERICAN:RHE) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.52) earnings per share for the quarter. The business had revenue of $4.13 million for the quarter.

Regional Health Properties Company Profile

Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. Its business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.