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

Diversified Healthcare Trust (NASDAQ:DHCNL) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 33,680 shares, an increase of 37.3% from the January 15th total of 24,522 shares. Based on an average daily trading volume, of 5,777 shares, the short-interest ratio is currently 5.8 days. Based on an average daily trading volume, of 5,777 shares, the short-interest ratio is currently 5.8 days.

Diversified Healthcare Trust Trading Down 1.1%

DHCNL traded down $0.21 on Friday, reaching $18.36. The company’s stock had a trading volume of 8,637 shares, compared to its average volume of 11,485. Diversified Healthcare Trust has a 1 year low of $14.20 and a 1 year high of $19.51. The business’s 50 day moving average is $18.21 and its 200 day moving average is $18.00.

Diversified Healthcare Trust Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Sunday, February 15th will be issued a $0.3819 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.53 annualized dividend and a yield of 8.3%.

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.