NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) Short Interest Up 22.5% in January

NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) was the recipient of a large increase in short interest during the month of 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 currently 201.0 days.

NorthWest Healthcare Properties Real Estate Investment Trust Trading Up 0.5 %

NorthWest Healthcare Properties Real Estate Investment Trust stock traded up $0.02 during midday trading on Monday, reaching $3.20. 47,118 shares of the company’s stock were exchanged, compared to its average volume of 32,281. NorthWest Healthcare Properties Real Estate Investment Trust has a 52 week low of $2.92 and a 52 week high of $5.43. 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 Cuts Dividend

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

NorthWest Healthcare Properties Real Estate Investment Trust Company Profile

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.