Short Interest in Diversified Healthcare Trust – (NASDAQ:DHCNI) Expands By 76.0%

Diversified Healthcare Trust – (NASDAQ:DHCNIGet Free Report) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 17,600 shares, an increase of 76.0% from the May 31st total of 10,000 shares. Based on an average trading volume of 52,100 shares, the days-to-cover ratio is currently 0.3 days.

Diversified Healthcare Trust Price Performance

Shares of NASDAQ DHCNI traded down $0.50 during trading hours on Friday, hitting $12.69. 341,115 shares of the company’s stock were exchanged, compared to its average volume of 39,433. Diversified Healthcare Trust has a 1-year low of $12.02 and a 1-year high of $16.10. The company’s 50-day moving average price is $13.51 and its 200-day moving average price is $14.43.

Diversified Healthcare Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, April 12th. This represents a $1.00 annualized dividend and a yield of 7.88%.

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