Trading was light with 2,698 shares changing hands in the last trading session. Trading volume was down 80.52% under the stocks average daily volume.
Traders are a little more bearish on Sabra Hlthcare REIT lately as inferred by the rise in short interest. The stock recorded a rise in short interest between September 29, 2017 and October 13, 2017 of 39.42%. Short interest increased from 3,080 to 4,294 over that timeframe. The days to cover decreased to 0.0 and the short interest percentage is 0.00% as of October 13.
The company is down by 0.16% percent from yesterday’s close. The most current P/E ratio is 32.56 and market capitalization is 3.39B. As of the last earnings report the EPS was $0.78 with 5.75M shares now outstanding.
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..