Diversified Healthcare Trust (NASDAQ:DHCNL) Sees Large Increase in Short Interest

Diversified Healthcare Trust (NASDAQ:DHCNLGet Free Report) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 19,300 shares, a growth of 22.2% from the February 13th total of 15,800 shares. Based on an average daily volume of 13,600 shares, the short-interest ratio is currently 1.4 days.

Diversified Healthcare Trust Stock Performance

Shares of NASDAQ DHCNL traded down $0.09 during midday trading on Tuesday, reaching $15.88. 3,393 shares of the company were exchanged, compared to its average volume of 15,632. Diversified Healthcare Trust has a 1 year low of $13.73 and a 1 year high of $18.25. The stock has a fifty day simple moving average of $16.22 and a 200 day simple moving average of $16.39.

Diversified Healthcare Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th were paid a $0.3906 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.56 annualized dividend and a dividend yield of 9.84%.

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