Senior Housing Properties Trust (SNH) Short Interest Update
Senior Housing Properties Trust (NASDAQ:SNH) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 4,631,691 shares, a growth of 47.3% from the August 15th total of 3,144,577 shares. Currently, 2.0% of the shares of the stock are sold short. Based on an average daily volume of 807,966 shares, the days-to-cover ratio is currently 5.7 days.
Shares of Senior Housing Properties Trust (NASDAQ:SNH) opened at 20.12 on Friday. The company’s 50 day moving average is $19.41 and its 200-day moving average is $20.41. The firm has a market cap of $4.78 billion, a PE ratio of 40.24 and a beta of 0.44. Senior Housing Properties Trust has a 12 month low of $17.14 and a 12 month high of $23.67.
The business also recently announced a quarterly dividend, which was paid on Thursday, August 17th. Stockholders of record on Monday, July 24th were issued a $0.39 dividend. The ex-dividend date of this dividend was Thursday, July 20th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.75%. Senior Housing Properties Trust’s dividend payout ratio (DPR) is currently 305.89%.
A number of equities research analysts recently issued reports on SNH shares. BidaskClub cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. ValuEngine cut shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, September 1st.
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Senior Housing Properties Trust Company Profile
Senior Housing Properties Trust is a real estate investment trust (REIT). The Company’s segments include triple net senior living communities that provide short term and long term residential care and other services for residents; managed senior living communities that provide short term and long term residential care and other services for residents; properties leased to medical providers, medical related businesses, clinics and biotech laboratory tenants (MOBs), and all other, including certain properties that offer wellness, fitness and spa services to members.
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