Regional Health Properties, Inc. (NYSEAMERICAN:RHE) Short Interest Update

Regional Health Properties, Inc. (NYSEAMERICAN:RHE) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 75,000 shares, an increase of 145.9% from the December 15th total of 30,500 shares. Currently, 4.8% of the shares of the stock are sold short. Based on an average trading volume of 90,900 shares, the short-interest ratio is presently 0.8 days.

Several hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp purchased a new stake in Regional Health Properties in the second quarter valued at approximately $748,000. Advisory Services Network LLC purchased a new stake in Regional Health Properties in the second quarter valued at approximately $26,000. Citadel Advisors LLC purchased a new stake in Regional Health Properties in the third quarter valued at approximately $120,000. Morgan Stanley purchased a new stake in Regional Health Properties in the second quarter valued at approximately $92,000. Finally, Geode Capital Management LLC purchased a new stake in Regional Health Properties in the second quarter valued at approximately $152,000. Institutional investors and hedge funds own 4.75% of the company’s stock.

NYSEAMERICAN:RHE opened at $3.75 on Friday. The company’s 50-day moving average is $7.53 and its two-hundred day moving average is $9.02. Regional Health Properties has a 1-year low of $3.18 and a 1-year high of $27.72.

Regional Health Properties (NYSEAMERICAN:RHE) last issued its quarterly earnings data on Monday, November 15th. The company reported ($1.25) earnings per share (EPS) for the quarter. The business had revenue of $6.70 million for the quarter.

Regional Health Properties Company Profile

Regional Health Properties, Inc is a self-managed healthcare real estate investment company, which engages in the business of investing in real estate purposed for long-term care and senior living. Its business consists of leasing and subleasing healthcare facilities to third-party tenants, which operate such facilities.

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