Short Interest in Regional Health Properties, Inc. (NYSEAMERICAN:RHE) Drops By 55.6%

Regional Health Properties, Inc. (NYSEAMERICAN:RHEGet Free Report) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 400 shares, a drop of 55.6% from the May 31st total of 900 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is currently 0.1 days.

Regional Health Properties Price Performance

RHE traded up $0.09 on Friday, reaching $2.07. 201 shares of the company traded hands, compared to its average volume of 5,216. Regional Health Properties has a one year low of $1.35 and a one year high of $3.72. The firm has a market capitalization of $3.81 million, a price-to-earnings ratio of 0.10 and a beta of 0.91.

Regional Health Properties (NYSEAMERICAN:RHEGet Free Report) last posted its quarterly earnings results on Wednesday, May 15th. The company reported ($0.52) EPS for the quarter. The firm had revenue of $4.13 million for the quarter.

About Regional Health Properties

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Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. Its business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.

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