Short Interest in Office Properties Income Trust (NASDAQ:OPINL) Declines By 18.2%

Office Properties Income Trust (NASDAQ:OPINL) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 9,900 shares, a drop of 18.2% from the October 31st total of 12,100 shares. Based on an average daily trading volume, of 25,600 shares, the short-interest ratio is presently 0.4 days.

Office Properties Income Trust Price Performance

Shares of Office Properties Income Trust stock opened at $12.25 on Monday. Office Properties Income Trust has a 52 week low of $9.62 and a 52 week high of $14.90. The stock has a 50 day moving average price of $13.14 and a two-hundred day moving average price of $11.82.

Office Properties Income Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Friday, November 15th were paid a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a yield of 13.01%. The ex-dividend date was Friday, November 15th.

About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI’s revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.