4,280 shares changed hands on Tuesday. Shares saw a steep decrease in trading volume of 82.61% under the normal average daily volume.
Investors are feeling more bearish on shares of the company if you put credence in the increase in short interest. The stock recorded a rise in short interest of 39.42% between September 29, 2017 and October 13, 2017. Short shares grew from 3,080 to 4,294 over that timeframe. With short interest at 4,294 and short average daily volume at 20,752, days to cover is 0.0 and the percentage of shorted shares is 0.00% as of October 13.
The company is down since yesterday’s close of $25.60. Additionally Sabra Healthcare REIT, Inc. – 7 recently declared a dividend which was paid on Thursday August 31st, 2017. The dividend payment was $0.445 per share for the quarter which is $1.78 annualized. The dividend yield was $6.96. The ex-dividend date was Monday the 14th of August 2017.
The stock last traded at $25.60 just a bit lower than the 50 day moving average of $25.64 and barely below the 200 day moving average of $25.76. The 50 day moving average was down $-0.04 whereas the 200 day moving average was down $-0.16 or -0.64%.
The P/E ratio is 21.55 and market capitalization is 1.68B.
Sabra Health Care REIT, Inc., launched on May 10, 2010, is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Business’s segment includes investments in healthcare-related real estate properties. The Business’s primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector. As of December 31, 2016, the Business’s investment portfolio consisted of 183 real estate properties held for investment (consisting of 97 skilled nursing/transitional care facilities, 85 senior housing facilities and one acute care hospital); 10 investments in loans receivable (consisting of four mortgage loans, one construction loan, one mezzanine loan, three pre-development loans and one debtor-in-possession (DIP) loan) and 12 preferred equity investments..