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

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

Diversified Healthcare Trust Stock Performance

Diversified Healthcare Trust stock traded up $0.44 during trading on Wednesday, reaching $15.08. 12,699 shares of the company were exchanged, compared to its average volume of 33,115. The stock’s 50 day simple moving average is $15.96 and its two-hundred day simple moving average is $14.68. 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 declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were given a dividend of $0.3516 per share. This is a boost from Diversified Healthcare Trust’s previous quarterly dividend of $0.35. The ex-dividend date was Tuesday, October 15th. This represents a $1.41 annualized dividend and a dividend yield of 9.33%.

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