Office Properties Income Trust (NASDAQ:OPINL) Short Interest Update

Office Properties Income Trust (NASDAQ:OPINLGet Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 4,000 shares, a decline of 38.5% from the February 13th total of 6,500 shares. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is presently 0.3 days.

Office Properties Income Trust Trading Down 0.1 %

OPINL traded down $0.01 during trading on Monday, hitting $9.52. The company had a trading volume of 7,574 shares, compared to its average volume of 22,177. The business has a 50-day moving average of $11.36 and a 200-day moving average of $12.33. Office Properties Income Trust has a 1-year low of $9.39 and a 1-year high of $14.90.

Office Properties Income Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th were issued a dividend of $0.3984 per share. The ex-dividend date was Friday, February 14th. This represents a $1.59 dividend on an annualized basis and a dividend yield of 16.74%.

Office Properties Income Trust Company Profile

(Get Free Report)

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 StarĀ® Partner of the Year for the sixth consecutive year.

See Also

Receive News & Ratings for Office Properties Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Office Properties Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.