Short Interest in Diversified Healthcare Trust (NASDAQ:DHCNL) Declines By 62.0%

Diversified Healthcare Trust (NASDAQ:DHCNLGet Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 11,300 shares, a decrease of 62.0% from the October 15th total of 29,700 shares. Based on an average daily volume of 20,400 shares, the short-interest ratio is currently 0.6 days.

Diversified Healthcare Trust Stock Down 2.3 %

Diversified Healthcare Trust stock traded down $0.38 during midday trading on Friday, hitting $16.28. 2,790 shares of the company’s stock were exchanged, compared to its average volume of 15,963. Diversified Healthcare Trust has a 12 month low of $13.71 and a 12 month high of $18.25. The firm has a 50-day moving average of $16.97 and a two-hundred day moving average of $15.70.

Diversified Healthcare Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Friday, November 15th will be given a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 9.60%. The ex-dividend date is Friday, November 15th.

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