The Chairman & CEO of Adcare Health Systems (NYSE: ADK) is Buying Shares

By Carrie Williams

Today, the Chairman & CEO of Adcare Health Systems (NYSE: ADK), William I. McBride, bought shares of ADK for $16.11K.

This recent transaction increases William I. McBride’s holding in the company by 3.96% to a total of $415.9K.

Currently, Adcare Health Systems has an average volume of 10.98K. The company has a one year high of $3.07 and a one year low of $1.50.

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AdCare Health Systems, Inc. operates as a real estate investment company that invests primarily in real estate purposed for long-term care and senior living. Its business consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities. Its facilities provide a range of healthcare and related services for both long-term and short-stay patients and residents. The company was founded by David A. Tenwick, J. Michael Williams and Gary L. Wade on August 14, 1991 and is headquartered in Roswell, GA.