Senior Housing Properties Trust June 15th Short Interest Update

Senior Housing Properties Trust (NYSE:SNH), A drop of 736,906 shares or 11.7% was seen in the short interest of Senior Housing Properties Trus. Even as the interest dropped from 6,293,898 shares on May 31,2016 to 5,556,992 shares on June 15,2016, the days to cover came in at 4. The updated interest stood at 2.4% of the stocks floats. The stock has seen an average daily volume of 1,375,353 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Senior Housing Properties Trust (NYSE:SNH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.74 and $19.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.08, notching a gain of 0.10% for the day. The total traded volume was 3,008,866 . The stock had closed at $20.06 on the previous day.

The company shares have rallied 13.25% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $20.24 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $18.93 and the 200 Day Moving Average price is recorded at $16.70.

Senior Housing Properties Trust (NYSE:SNH) has climbed 0.8% in the past week and advanced 7.15% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.48% and the outperformance has advanced to 10.39% for the last 4 weeks period.

Senior Housing Properties Trust is a real estate investment trust (REIT). The Company operates through four segments. The first segment includes triple net senior living communities that provide short term and long term residential care and dining services for residents. Properties in this segment include leased independent living communities, assisted living communities and skilled nursing facilities. The second segment includes managed senior living communities that provide residential care and dining services for residents. Properties in this segment include managed independent living communities and assisted living communities. The third segment includes properties where medical related activities occur but where residential overnight stays and dining services are not provided. Properties in this segment include medical office buildings (MOBs). The fourth segment includes the operating results of certain properties that offer fitness, wellness and spa services.

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