National HealthCare Co. (NYSEAMERICAN:NHC) Short Interest Update

National HealthCare Co. (NYSEAMERICAN:NHC) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 344,300 shares, a decline of 17.6% from the December 31st total of 417,800 shares. Based on an average trading volume of 52,100 shares, the days-to-cover ratio is presently 6.6 days. Currently, 3.0% of the company’s stock are sold short.

National HealthCare Stock Performance

Shares of National HealthCare stock traded up $2.34 during trading hours on Friday, reaching $102.67. The company’s stock had a trading volume of 90,159 shares, compared to its average volume of 59,668. National HealthCare has a one year low of $87.03 and a one year high of $138.49. The company has a market cap of $1.58 billion, a P/E ratio of 23.71 and a beta of 0.37.

About National HealthCare

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.