National HealthCare Co. (NYSEAMERICAN:NHC) Sees Large Decline in Short Interest

National HealthCare Co. (NYSEAMERICAN:NHC - Get Free Report) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 255,900 shares, a decrease of 14.6% from the March 31st total of 299,800 shares. Based on an average daily trading volume, of 60,800 shares, the days-to-cover ratio is currently 4.2 days. Currently, 2.3% of the shares of the company are short sold.

National HealthCare Price Performance

Shares of NHC opened at $96.18 on Friday. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 22.21 and a beta of 0.37. The firm has a 50 day simple moving average of $92.86. National HealthCare has a twelve month low of $89.14 and a twelve month high of $138.49.

National HealthCare Company Profile

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.

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