Diversified Healthcare Trust (NASDAQ:DHCNL – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 11,300 shares, a decline 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 presently 0.6 days.
Diversified Healthcare Trust Stock Down 0.1 %
Diversified Healthcare Trust stock traded down $0.01 during trading hours on Thursday, reaching $16.66. 13,287 shares of the stock were exchanged, compared to its average volume of 16,023. The firm’s 50 day moving average is $16.95 and its 200 day moving average is $15.69. Diversified Healthcare Trust has a 52-week low of $13.60 and a 52-week high of $18.25.
Diversified Healthcare Trust Announces Dividend
The firm also recently announced 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 9.38%. The ex-dividend date is Friday, November 15th.
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