Regional Health Properties Inc (NYSEAMERICAN:RHE) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,336,932 shares, a decline of 10.2% from the December 14th total of 1,488,164 shares. Currently, 89.8% of the shares of the company are sold short. Based on an average daily trading volume, of 598,935 shares, the days-to-cover ratio is currently 2.2 days.
Shares of Regional Health Properties stock opened at $1.28 on Friday. Regional Health Properties has a 1-year low of $0.72 and a 1-year high of $10.56.
ILLEGAL ACTIVITY NOTICE: “Short Interest in Regional Health Properties Inc (RHE) Drops By 10.2%” was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2019/01/11/short-interest-in-regional-health-properties-inc-rhe-drops-by-10-2.html.
About Regional Health Properties
Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term healthcare through facility lease and sub-lease transaction. The company's facilities offer a range of health care and related services to patients and residents, including skilled nursing and assisted living services, social services, various therapy services, and other rehabilitative and healthcare services for long-term and short-stay patients and residents.
Read More: Why do companies issue stock splits?
Receive News & Ratings for Regional Health Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regional Health Properties and related companies with MarketBeat.com's FREE daily email newsletter.