Omega Healthcare Investors (OHI): Price Target and June Short Interest Disclosure

Omega Healthcare Investors (OHI) : Currently there are 6 street experts covering Omega Healthcare Investors (OHI) stock. The most bullish and bearish price target for the stock is $40 and $31 respectively for the short term. The average price target of all the analysts comes to $36. The estimated standard deviation from the target is $3.95.

Omega Healthcare Investors (OHI), A increase of 1,747,802 shares or 9.3% was observed in the short interest of Omega Healthcare Investors The interest on June 30,2016 came in at 20,469,488 shares and as per the average daily trading of 1,508,958 shares, the days to cover are 14. The increased interest is 11.1% of the floated shares. The data of June 15,2016 put the interest at 18,721,686 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Omega Healthcare Investors (NYSE:OHI): On Thursdays trading session , Opening price of the stock was $33.39 with an intraday high of $33.41. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $32.77. However, the stock managed to close at $32.88, a loss of 0.96% for the day. On the previous day, the stock had closed at $33.2. The total traded volume of the day was 2,397,513 shares.

Omega Healthcare Investors, Inc. (Omega) is a self-administered real estate investment trust (REIT). The Company invests in income producing healthcare facilities, long-term care facilities located throughout the United States. The Company provides lease or mortgage financing to qualified operators of skilled nursing facilities (SNFs) and assisted living facilities (ALFs), independent living facilities, rehabilitation and acute care facilities. It finances investments through borrowings under its revolving credit facilities, private placements or public offerings of its debt and equity securities, secured indebtedness, retention of cash flow or a combination of these methods. Its portfolio of real estate investments include over 900 properties located in 41 states and operated by 81 different operators. Its portfolio includes healthcare facilities and mortgages on healthcare facilities. It also offers fixed-rate mortgage loans.

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