Primary Health Properties Plc (OTCMKTS:PHPRF) Short Interest Down 14.7% in January

Primary Health Properties Plc (OTCMKTS:PHPRF) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 130,888 shares, a drop of 14.7% from the January 15th total of 153,468 shares. Based on an average daily trading volume, of 20 shares, the days-to-cover ratio is currently 6,544.4 days. Based on an average daily trading volume, of 20 shares, the days-to-cover ratio is currently 6,544.4 days.

Primary Health Properties Stock Performance

Shares of Primary Health Properties stock opened at C$1.45 on Thursday. The business has a 50 day moving average of C$1.33 and a 200 day moving average of C$1.28. Primary Health Properties has a 52 week low of C$1.20 and a 52 week high of C$1.45.

Primary Health Properties Company Profile

Primary Health Properties (OTCMKTS: PHPRF) is a real estate investment trust that specializes in the ownership and management of primary healthcare facilities. Established in 1995 and listed on the London Stock Exchange in 1996, the company focuses on providing modern, purpose-built medical real estate designed to support general practitioners, community health providers and related healthcare services. Its portfolio comprises predominantly single-tenanted or multi-tenanted primary care buildings leased under long-term agreements to tenants such as general practice partnerships, the National Health Service (NHS), and private sector healthcare operators.

The company’s core business activities include the acquisition, development and refurbishment of primary care facilities.