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

Diversified Healthcare Trust – (NASDAQ:DHCNI) saw a significant increase in short interest in June. As of June 30th, there was short interest totalling 65,000 shares, an increase of 269.3% from the June 15th total of 17,600 shares. Based on an average daily trading volume, of 61,400 shares, the short-interest ratio is presently 1.1 days.

Diversified Healthcare Trust Stock Performance

NASDAQ DHCNI traded up $0.40 during mid-day trading on Thursday, hitting $14.39. The stock had a trading volume of 18,830 shares, compared to its average volume of 38,468. The company has a 50 day simple moving average of $13.62 and a 200 day simple moving average of $14.35. Diversified Healthcare Trust has a 52-week low of $12.02 and a 52-week high of $16.10.

Diversified Healthcare Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 1st. Investors of record on Monday, July 15th will be paid a $0.3516 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 9.77%. This is a boost from Diversified Healthcare Trust’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, July 15th.