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

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

National HealthCare Stock Performance

NHC stock traded down $0.20 during midday trading on Thursday, hitting $95.48. 6,898 shares of the company's stock were exchanged, compared to its average volume of 56,352. The company has a market cap of $1.47 billion, a P/E ratio of 22.05 and a beta of 0.37. The stock's fifty day moving average is $93.00. National HealthCare has a one year low of $89.14 and a one year 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.