Diversified Healthcare Trust (NASDAQ:DHCNL) Sees Significant Drop in Short Interest

Diversified Healthcare Trust (NASDAQ:DHCNL) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 10,900 shares, a decline of 43.5% from the February 28th total of 19,300 shares. Based on an average daily trading volume, of 10,500 shares, the days-to-cover ratio is presently 1.0 days.

Diversified Healthcare Trust Stock Up 0.3 %

Shares of Diversified Healthcare Trust stock opened at $15.43 on Friday. The company has a 50 day moving average of $16.15 and a 200-day moving average of $16.38. Diversified Healthcare Trust has a 1-year low of $13.73 and a 1-year high of $18.25.

Diversified Healthcare Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th were issued a $0.3906 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.13%. The ex-dividend date was Friday, February 14th.