Diversified Healthcare Trust – (NASDAQ:DHCNI) Sees Significant Increase in Short Interest

Diversified Healthcare Trust – (NASDAQ:DHCNI) saw a significant growth in short interest in 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 days-to-cover ratio is currently 0.8 days.

Diversified Healthcare Trust Trading Up 2.0%

NASDAQ DHCNI opened at $17.80 on Thursday. The company’s 50 day simple moving average is $17.61 and its two-hundred day simple moving average is $17.73. Diversified Healthcare Trust has a 1 year low of $15.85 and a 1 year high of $19.09.

Diversified Healthcare Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, November 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.3516 per share. 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.