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

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

Diversified Healthcare Trust Stock Performance

Shares of Diversified Healthcare Trust stock opened at $16.65 on Friday. The business has a 50 day moving average of $16.15 and a 200 day moving average of $16.24. Diversified Healthcare Trust has a 52 week low of $13.73 and a 52 week high of $18.25.

Diversified Healthcare Trust Dividend Announcement

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