Short Interest in Diversified Healthcare Trust – (NASDAQ:DHCNI) Decreases By 74.7%

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

Diversified Healthcare Trust Trading Down 1.5 %

NASDAQ:DHCNI traded down $0.22 on Friday, hitting $14.86. The stock had a trading volume of 153,624 shares, compared to its average volume of 33,636. Diversified Healthcare Trust has a 1 year low of $12.37 and a 1 year high of $17.46. The firm’s fifty day simple moving average is $15.92 and its two-hundred day simple moving average is $14.69.

Diversified Healthcare Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were given a dividend of $0.3516 per share. The ex-dividend date was Tuesday, October 15th. This represents a $1.41 annualized dividend and a yield of 9.46%. This is a positive change from Diversified Healthcare Trust’s previous quarterly dividend of $0.35.

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