Diversified Healthcare Trust (NASDAQ:DHCNL) Short Interest Up 59.1% in January

Diversified Healthcare Trust (NASDAQ:DHCNL) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 24,522 shares, an increase of 59.1% from the December 31st total of 15,413 shares. Based on an average daily volume of 14,879 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 14,879 shares, the short-interest ratio is presently 1.6 days.

Diversified Healthcare Trust Stock Up 0.5%

Shares of NASDAQ DHCNL traded up $0.10 during mid-day trading on Friday, reaching $19.00. 11,994 shares of the company’s stock traded hands, compared to its average volume of 10,575. Diversified Healthcare Trust has a 1-year low of $14.20 and a 1-year high of $19.51. The business has a 50-day simple moving average of $18.06 and a 200 day simple moving average of $17.88.

Diversified Healthcare Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Saturday, November 15th were given a $0.3906 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend was Friday, November 14th.

Diversified Healthcare Trust is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of net leased healthcare properties in the United States. Headquartered in Newton, Massachusetts, the company focuses on long-term, triple-net leases with creditworthy operators of senior housing, skilled nursing facilities, medical office buildings and life science properties. Its business model centers on generating stable rental income through passive, inflation-protected lease structures.

Since its formation in 2013, Diversified Healthcare Trust has grown its portfolio through targeted acquisitions and selective development partnerships, assembling assets across multiple states and care segments.