Office Properties Income Trust (NASDAQ:OPINL) Short Interest Update

Office Properties Income Trust (NASDAQ:OPINL) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totalling 1,000 shares, a drop of 60.0% from the June 15th total of 2,500 shares. Based on an average daily trading volume, of 23,500 shares, the days-to-cover ratio is presently 0.0 days.

Office Properties Income Trust Stock Performance

OPINL traded up $0.21 during trading hours on Friday, hitting $10.22. 12,782 shares of the company’s stock were exchanged, compared to its average volume of 31,732. Office Properties Income Trust has a 1-year low of $9.62 and a 1-year high of $15.01. The stock’s 50-day moving average is $10.40 and its two-hundred day moving average is $10.92.

Office Properties Income Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, June 1st. Investors of record on Wednesday, May 15th were paid a $0.3984 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This is a boost from Office Properties Income Trust’s previous quarterly dividend of $0.40. This represents a $1.59 annualized dividend and a dividend yield of 15.59%.

Office Properties Income Trust Company Profile

opi is a reit focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics such as government entities. opi is managed by the operating subsidiary of the rmr group inc. (nasdaq: rmr), an alternative asset management company that is headquartered in newton, massachusetts.