Regional Health Properties, Inc. (NYSEAMERICAN:RHE) Short Interest Up 1,065.0% in October

Regional Health Properties, Inc. (NYSEAMERICAN:RHE) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 23,300 shares, a growth of 1,065.0% from the September 30th total of 2,000 shares. Based on an average daily volume of 69,700 shares, the short-interest ratio is currently 0.3 days. Approximately 1.4% of the shares of the stock are short sold.

Regional Health Properties Price Performance

Shares of RHE stock remained flat at $1.82 during trading hours on Friday. 4,481 shares of the stock were exchanged, compared to its average volume of 25,992. Regional Health Properties has a 12 month low of $1.35 and a 12 month high of $3.08. The firm has a market capitalization of $3.45 million, a price-to-earnings ratio of -1.17 and a beta of 0.93.

Regional Health Properties (NYSEAMERICAN:RHE) last announced its earnings results on Tuesday, August 13th. The company reported ($0.38) earnings per share (EPS) for the quarter. The firm had revenue of $4.33 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.