Diversified Healthcare Trust (NASDAQ:DHCNL) Short Interest Up 59.3% in November

Diversified Healthcare Trust (NASDAQ:DHCNLGet Free Report) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 18,000 shares, an increase of 59.3% from the October 31st total of 11,300 shares. Based on an average daily trading volume, of 18,300 shares, the short-interest ratio is currently 1.0 days.

Diversified Healthcare Trust Stock Performance

Diversified Healthcare Trust stock traded down $0.79 during mid-day trading on Friday, reaching $15.41. The company had a trading volume of 110,799 shares, compared to its average volume of 16,167. The business has a fifty day simple moving average of $16.86 and a 200 day simple moving average of $15.81. Diversified Healthcare Trust has a fifty-two week low of $13.73 and a fifty-two week high of $18.25.

Diversified Healthcare Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, December 1st. Investors of record on Friday, November 15th will be issued a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 10.14%. The ex-dividend date of this dividend is Friday, November 15th.

Further Reading

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