Global Healthcare REIT, Inc. (OTCMKTS:GBCS) Sees Significant Decline in Short Interest

Global Healthcare REIT, Inc. (OTCMKTS:GBCS) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 400 shares, a decline of 80.0% from the August 15th total of 2,000 shares. Based on an average trading volume of 21,300 shares, the short-interest ratio is currently 0.0 days.

Shares of OTCMKTS:GBCS remained flat at $$0.72 during mid-day trading on Wednesday. The company has a debt-to-equity ratio of 15.88, a current ratio of 0.62 and a quick ratio of 0.62. Global Healthcare REIT has a 12-month low of $0.13 and a 12-month high of $0.87. The business’s 50 day moving average price is $0.70 and its 200-day moving average price is $0.66.

About Global Healthcare REIT

Global Healthcare REIT, Inc engages in the acquisition, development, leasing, management, and disposal of healthcare real estate; and provision of financing to healthcare providers. It operates through the Real Estate Services and Healthcare Services segments. The company was founded on June 8, 1978 and is headquartered in Niwot, CO.

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