Diversified Healthcare Trust – (NASDAQ:DHCNI) Stock Short Interest Climbs 208.8%

Diversified Healthcare Trust – (NASDAQ:DHCNI) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 16,920 shares, an increase of 208.8% from the September 30th total of 5,480 shares. Based on an average daily volume of 21,083 shares, the days-to-cover ratio is currently 0.8 days.

Diversified Healthcare Trust Stock Down 3.2%

Shares of NASDAQ DHCNI opened at $17.23 on Friday. Diversified Healthcare Trust has a 1-year low of $15.85 and a 1-year high of $19.09. The business has a 50-day moving average of $17.57 and a 200-day moving average of $17.74.

Diversified Healthcare Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, November 1st. Investors of record on Thursday, October 15th will be given a dividend of $0.3516 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.41 annualized dividend and a yield of 8.2%.

Diversified Healthcare Trust is a real estate investment trust focused on owning and managing healthcare-related properties in the United States. Its portfolio has historically included medical office buildings, life science and research facilities, senior living communities, and other properties used by healthcare providers and service organizations.

The company’s properties are generally leased to healthcare operators, medical practices, life science companies, and other institutional tenants.