Diversified Healthcare Trust (NASDAQ:DHCNL – Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 8,600 shares, a decrease of 21.1% from the March 15th total of 10,900 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 1.0 days.
Diversified Healthcare Trust Price Performance
NASDAQ DHCNL opened at $14.43 on Friday. The business has a fifty day simple moving average of $15.58 and a 200 day simple moving average of $16.11. Diversified Healthcare Trust has a 12 month low of $13.80 and a 12 month high of $18.25.
Diversified Healthcare Trust Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Saturday, February 15th were issued a $0.3906 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.56 annualized dividend and a dividend yield of 10.83%.
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