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

National HealthCare Co. (NYSEAMERICAN:NHC) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 344,300 shares, a drop of 17.6% from the December 31st total of 417,800 shares. Currently, 3.0% of the shares of the company are short sold. Based on an average daily volume of 52,100 shares, the short-interest ratio is currently 6.6 days.

National HealthCare Stock Up 2.3 %

NHC stock traded up $2.34 during mid-day trading on Friday, hitting $102.67. 90,159 shares of the company were exchanged, compared to its average volume of 59,668. The company has a market capitalization of $1.58 billion, a PE ratio of 23.71 and a beta of 0.37. National HealthCare has a 1-year low of $87.03 and a 1-year high of $138.49.

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.