NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) Short Interest Update

NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 5,101,000 shares, a decline of 12.8% from the December 31st total of 5,849,600 shares. Based on an average daily volume of 25,100 shares, the short-interest ratio is currently 203.2 days.

NorthWest Healthcare Properties Real Estate Investment Trust Stock Performance

Shares of NWHUF stock traded up $0.02 during trading on Friday, hitting $3.20. 47,118 shares of the company were exchanged, compared to its average volume of 32,281. The business’s 50-day simple moving average is $3.25 and its 200 day simple moving average is $3.60. NorthWest Healthcare Properties Real Estate Investment Trust has a twelve month low of $2.92 and a twelve month high of $5.43.

NorthWest Healthcare Properties Real Estate Investment Trust Cuts Dividend

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

About NorthWest Healthcare Properties Real Estate Investment Trust

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.