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

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

Diversified Healthcare Trust Stock Performance

NASDAQ DHCNI opened at $17.80 on Thursday. The company has a 50-day simple moving average of $17.61 and a two-hundred day simple moving average of $17.73. Diversified Healthcare Trust has a 12-month low of $15.85 and a 12-month high of $19.09.

Diversified Healthcare Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, November 1st. Stockholders of record on Thursday, October 15th will be issued a $0.3516 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.41 annualized dividend and a dividend yield of 7.9%.

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.