Regional Health Properties Inc (RHE) Sees Significant Increase in Short Interest

Regional Health Properties Inc (NYSEAMERICAN:RHE) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 523,602 shares, a growth of 7.9% from the August 15th total of 485,122 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily volume of 265,504 shares, the short-interest ratio is presently 2.0 days.

Regional Health Properties stock traded up $0.05 during trading hours on Wednesday, hitting $0.18. The stock had a trading volume of 15,022,955 shares, compared to its average volume of 632,287. Regional Health Properties has a 1-year low of $0.10 and a 1-year high of $1.10.

Regional Health Properties (NYSEAMERICAN:RHE) last posted its quarterly earnings data on Wednesday, August 15th. The company reported ($0.23) EPS for the quarter. The company had revenue of $5.31 million during the quarter.

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.

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