Diversified Healthcare Trust – (NASDAQ:DHCNI) Short Interest Update

Diversified Healthcare Trust – (NASDAQ:DHCNI) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 3,700 shares, a growth of 428.6% from the July 15th total of 700 shares. Based on an average daily volume of 23,100 shares, the short-interest ratio is currently 0.2 days.

Diversified Healthcare Trust Stock Down 0.4 %

Shares of Diversified Healthcare Trust stock traded down $0.06 on Tuesday, hitting $13.87. The stock had a trading volume of 711 shares, compared to its average volume of 35,165. Diversified Healthcare Trust has a 52-week low of $12.02 and a 52-week high of $16.10. The company’s 50 day moving average price is $13.98 and its 200 day moving average price is $14.14.

Diversified Healthcare Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 1st. Shareholders of record on Monday, July 15th were paid a dividend of $0.3516 per share. The ex-dividend date was Monday, July 15th. This is an increase from Diversified Healthcare Trust’s previous quarterly dividend of $0.25. This represents a $1.41 annualized dividend and a yield of 10.14%.