Short Interest in Diversified Healthcare Trust – (NASDAQ:DHCNI) Expands By 121.8%

Diversified Healthcare Trust – (NASDAQ:DHCNI) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 8,628 shares, an increase of 121.8% from the November 30th total of 3,890 shares. Based on an average daily volume of 18,123 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 18,123 shares, the days-to-cover ratio is currently 0.5 days.

Diversified Healthcare Trust Stock Performance

Shares of NASDAQ DHCNI traded up $0.16 during trading on Friday, reaching $16.91. 24,285 shares of the company traded hands, compared to its average volume of 17,720. The firm’s fifty day simple moving average is $16.99 and its 200 day simple moving average is $16.82. Diversified Healthcare Trust has a 12-month low of $12.79 and a 12-month high of $18.29.

Diversified Healthcare Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Saturday, November 1st. Investors of record on Wednesday, October 15th were paid a $0.3516 dividend. This represents a $1.41 annualized dividend and a dividend yield of 8.3%. The ex-dividend date was Wednesday, October 15th.

Diversified Healthcare Trust (NASDAQ: DHCNI) is a publicly traded real estate investment trust (REIT) specializing in healthcare and life science properties. The company’s primary business activities include the acquisition, development, ownership and management of net‐leased medical office buildings, senior housing facilities and life science research and development assets. In addition to property investments, Diversified Healthcare Trust holds mortgage loans and preferred equity interests in the healthcare sector, offering diversified exposure to both real estate and structured financing arrangements.

The company’s portfolio spans a broad range of healthcare asset types, including medical office buildings leased to health systems and physician groups, senior living communities operated by leading care providers, and life science campuses serving biotechnology and pharmaceutical companies.