Short Interest in Diversified Healthcare Trust – (NASDAQ:DHCNI) Decreases By 56.9%

Diversified Healthcare Trust – (NASDAQ:DHCNI) was the target of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 7,500 shares, a decrease of 56.9% from the October 15th total of 17,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Diversified Healthcare Trust Price Performance

Shares of DHCNI stock traded up $0.41 on Wednesday, hitting $15.62. The stock had a trading volume of 19,964 shares, compared to its average volume of 34,065. The stock’s 50 day moving average is $15.93 and its 200-day moving average is $14.55. Diversified Healthcare Trust has a 52-week low of $12.37 and a 52-week high of $17.46.

Diversified Healthcare Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were paid a $0.3516 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This is an increase from Diversified Healthcare Trust’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a dividend yield of 9.00%.