Medical Properties Trust (NYSE:MPW) stated loss of 880,550 shares or 7.6% in the short interest. The short interest registered from 11,550,503 on May 31,2016 to 10,669,953 on June 15,2016. In terms of floated shares, the shorted positions stood at 4.6%. The stock has been averaging 2,163,635 shares daily in trading and would need 5 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Medical Properties Trust (NYSE:MPW): The stock opened at $14.76 on Friday but the bulls could not build on the opening and the stock topped out at $15.21 for the day. The stock traded down to $14.65 during the day, due to lack of any buying support eventually closed down at $15.03 with a loss of -0.66% for the day. The stock had closed at $15.13 on the previous day. The total traded volume was 5,402,077 shares.
The company shares have rallied 14.47% from its 1 Year high price. On Jun 13, 2016, the shares registered one year high at $15.29 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.63 and the 200 Day Moving Average price is recorded at $12.56.
Medical Properties Trust (NYSE:MPW) has climbed 0.94% in the past week and advanced 2.59% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.62% and the outperformance has advanced to 5.7% for the last 4 weeks period.
Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. The Company conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Companys portfolio consists of 138 properties, which include 117 facilities (of the 130 facilities that the Company owns) leased to 27 tenants, 13 under development and the remaining assets in the form of mortgage loans to three operators. The Companys facilities consist of 73 general acute care hospitals, 23 long-term acute care hospitals, 33 inpatient rehabilitation hospitals, three medical office buildings and six wellness centers.