Office Properties Income Trust (NASDAQ:OPINL) Short Interest Down 18.2% in November

Office Properties Income Trust (NASDAQ:OPINL) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 9,900 shares, a decrease of 18.2% from the October 31st total of 12,100 shares. Based on an average daily volume of 25,600 shares, the short-interest ratio is currently 0.4 days.

Office Properties Income Trust Stock Performance

Shares of NASDAQ OPINL traded down $0.20 during trading hours on Friday, reaching $12.25. The stock had a trading volume of 37,510 shares, compared to its average volume of 29,238. Office Properties Income Trust has a twelve month low of $9.62 and a twelve month high of $14.90. The business’s fifty day moving average is $13.14 and its two-hundred day moving average is $11.81.

Office Properties Income Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Friday, November 15th will be given a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a yield of 13.01%. The ex-dividend date of this dividend is Friday, November 15th.

Office Properties Income Trust Company Profile

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