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

National HealthCare Co. (NYSEAMERICAN:NHC - Get Free Report) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 221,200 shares, a decrease of 14.8% from the April 30th total of 259,600 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 55,900 shares, the days-to-cover ratio is presently 4.0 days.

National HealthCare Price Performance

Shares of National HealthCare stock traded up $0.66 during trading hours on Friday, reaching $106.10. 33,115 shares of the company's stock were exchanged, compared to its average volume of 56,172. National HealthCare has a 1 year low of $89.14 and a 1 year high of $138.49. The stock has a market capitalization of $1.63 billion, a P/E ratio of 24.50 and a beta of 0.37. The firm has a fifty day moving average price of $98.00.

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.