Diversified Healthcare Trust (NASDAQ:DHCNL) Short Interest Update

Diversified Healthcare Trust (NASDAQ:DHCNL) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 10,900 shares, a decline of 43.5% from the February 28th total of 19,300 shares. Based on an average daily trading volume, of 10,500 shares, the short-interest ratio is presently 1.0 days.

Diversified Healthcare Trust Trading Down 0.6 %

DHCNL stock traded down $0.10 during midday trading on Friday, reaching $15.33. 3,234 shares of the company’s stock traded hands, compared to its average volume of 15,368. The company has a 50-day simple moving average of $16.14 and a two-hundred day simple moving average of $16.38. Diversified Healthcare Trust has a 1-year low of $13.73 and a 1-year high of $18.25.

Diversified Healthcare Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th were paid a $0.3906 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.19%. The ex-dividend date was Friday, February 14th.