Medical Properties Trust (MPW) : Traders are increasing their bearish positions on the stock, as is visible by the 0.8% jump in the outstanding short positions; a total addition of 120,775 shares on the sell side. On Jul 29, 2016, the total short positions were 15,974,111 shares, which went up to 16,094,886 shares by the close of trading on August 15, 2016. It will take 9 days for the bears to roll over or cover. An average of 1,695,204 shares exchange hands daily. 6.9% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.
Medical Properties Trust (NYSE:MPW): The stock opened at $15.65 on Wednesday but the bulls could not build on the opening and the stock topped out at $15.74 for the day. The stock traded down to $15.28 during the day, due to lack of any buying support eventually closed down at $15.36 with a loss of -1.66% for the day. The stock had closed at $15.62 on the previous day. The total traded volume was 2,008,156 shares.
In a related news, Aldag Edward K Jr, director officer (Chairman, President and CEO) of Medical Properties Trust Inc, unloaded 50,000 shares at an average price of $15.52 on August 9, 2016. The total amount of the transaction was worth $776,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.