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

National HealthCare Co. (NYSEAMERICAN:NHC - Get Free Report) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 344,300 shares, a decrease of 17.6% from the December 31st total of 417,800 shares. Currently, 3.0% of the shares of the company are sold short. Based on an average daily trading volume, of 52,100 shares, the days-to-cover ratio is presently 6.6 days.

National HealthCare Price Performance

NYSEAMERICAN NHC traded down $0.33 on Wednesday, hitting $101.34. The stock had a trading volume of 18,163 shares, compared to its average volume of 56,796. The stock has a market capitalization of $1.56 billion, a PE ratio of 23.48 and a beta of 0.37. National HealthCare has a 52-week low of $87.03 and a 52-week high of $138.49.

About National HealthCare

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.