NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) Short Interest Down 12.8% in January

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

NorthWest Healthcare Properties Real Estate Investment Trust Stock Up 0.5 %

Shares of OTCMKTS:NWHUF opened at $3.20 on Monday. The stock’s 50-day moving average is $3.25 and its 200-day moving average is $3.59. NorthWest Healthcare Properties Real Estate Investment Trust has a 52-week low of $2.92 and a 52-week high of $5.43.

NorthWest Healthcare Properties Real Estate Investment Trust Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be paid a $0.0208 dividend. This represents a dividend yield of 8.1%. The ex-dividend date 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.