Diversified Healthcare Trust – (NASDAQ:DHCNI) Short Interest Update

Diversified Healthcare Trust – (NASDAQ:DHCNIGet Free Report) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 1,900 shares, a decline of 74.7% from the October 31st total of 7,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Diversified Healthcare Trust Price Performance

NASDAQ DHCNI traded up $0.44 on Wednesday, hitting $15.08. The company had a trading volume of 12,699 shares, compared to its average volume of 33,115. The company’s fifty day moving average price is $15.96 and its 200-day moving average price is $14.68. Diversified Healthcare Trust has a 12-month low of $12.37 and a 12-month high of $17.46.

Diversified Healthcare Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th were issued a dividend of $0.3516 per share. The ex-dividend date was Tuesday, October 15th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 9.33%. This is a boost from Diversified Healthcare Trust’s previous quarterly dividend of $0.35.

Featured Articles

Receive News & Ratings for Diversified Healthcare Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diversified Healthcare Trust and related companies with MarketBeat.com's FREE daily email newsletter.