National Healthcare Properties, Inc. (NASDAQ:NHPBP) Short Interest Down 71.9% in May

National Healthcare Properties, Inc. (NASDAQ:NHPBP) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 662 shares, a drop of 71.9% from the May 14th total of 2,358 shares. Based on an average daily trading volume, of 21,717 shares, the short-interest ratio is currently 0.0 days.

National Healthcare Properties Stock Performance

National Healthcare Properties stock traded down $0.03 during mid-day trading on Thursday, reaching $22.14. The company had a trading volume of 19,172 shares, compared to its average volume of 10,047. National Healthcare Properties has a fifty-two week low of $13.30 and a fifty-two week high of $22.28. The business has a fifty day simple moving average of $20.87 and a 200 day simple moving average of $19.42.

National Healthcare Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, April 6th were issued a $0.4453 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend was Monday, April 6th.

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.