Short Interest in Diversified Healthcare Trust (NASDAQ:DHCNL) Grows By 8.2%

Diversified Healthcare Trust (NASDAQ:DHCNL) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 22,500 shares, an increase of 8.2% from the September 15th total of 20,800 shares. Based on an average trading volume of 20,500 shares, the days-to-cover ratio is presently 1.1 days.

Diversified Healthcare Trust Price Performance

Diversified Healthcare Trust stock traded down $0.07 during midday trading on Thursday, hitting $17.71. The company’s stock had a trading volume of 8,092 shares, compared to its average volume of 16,058. Diversified Healthcare Trust has a 1-year low of $12.41 and a 1-year high of $18.25. The company has a 50-day moving average price of $16.40 and a two-hundred day moving average price of $15.43.

Diversified Healthcare Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Sunday, September 1st. Stockholders of record on Thursday, August 15th were given a $0.3906 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.82%.