Diversified Healthcare Trust (NASDAQ:DHCNL – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 5,700 shares, a growth of 46.2% from the April 30th total of 3,900 shares. Based on an average daily trading volume, of 9,900 shares, the days-to-cover ratio is presently 0.6 days.
Diversified Healthcare Trust Trading Down 1.2%
DHCNL traded down $0.20 during trading hours on Friday, hitting $16.80. The company’s stock had a trading volume of 138,801 shares, compared to its average volume of 16,384. The business’s 50-day moving average price is $15.28 and its 200-day moving average price is $15.80. Diversified Healthcare Trust has a 12 month low of $14.20 and a 12 month high of $18.25.
Diversified Healthcare Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Investors of record on Saturday, May 31st will be given a $0.3906 dividend. This represents a $1.56 annualized dividend and a yield of 9.30%. The ex-dividend date is Friday, May 30th.
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