Diversified Healthcare Trust (NASDAQ:DHCNL) Sees Large Increase in Short Interest

Diversified Healthcare Trust (NASDAQ:DHCNLGet Free Report) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 11,600 shares, an increase of 45.0% from the January 15th total of 8,000 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is presently 0.7 days.

Diversified Healthcare Trust Trading Up 0.8 %

Shares of Diversified Healthcare Trust stock opened at $16.65 on Friday. Diversified Healthcare Trust has a 1 year low of $13.73 and a 1 year high of $18.25. The firm’s 50-day moving average is $16.15 and its 200 day moving average is $16.24.

Diversified Healthcare Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Saturday, February 15th will be given a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a dividend yield of 9.38%. The ex-dividend date of this dividend is Friday, February 14th.

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