Short Interest in Diversified Healthcare Trust – (NASDAQ:DHCNI) Decreases By 70.4%

by · The Markets Daily

Diversified Healthcare Trust – (NASDAQ:DHCNI – Get Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 17,357 shares, a decline of 70.4% from the December 31st total of 58,605 shares. Based on an average daily trading volume, of 19,805 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 19,805 shares, the short-interest ratio is currently 0.9 days.

Diversified Healthcare Trust Stock Up 2.4%

Shares of NASDAQ DHCNI traded up $0.41 during midday trading on Friday, hitting $17.70. The stock had a trading volume of 15,525 shares, compared to its average volume of 13,361. Diversified Healthcare Trust has a fifty-two week low of $12.79 and a fifty-two week high of $18.29. The company’s 50-day simple moving average is $16.92 and its 200 day simple moving average is $16.96.

Diversified Healthcare Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, February 1st. Investors of record on Thursday, January 15th will be given a $0.3516 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Thursday, January 15th.

Diversified Healthcare Trust (NASDAQ: DHCNI) is a publicly traded real estate investment trust (REIT) specializing in healthcare and life science properties. The company’s primary business activities include the acquisition, development, ownership and management of net‐leased medical office buildings, senior housing facilities and life science research and development assets. In addition to property investments, Diversified Healthcare Trust holds mortgage loans and preferred equity interests in the healthcare sector, offering diversified exposure to both real estate and structured financing arrangements.

The company’s portfolio spans a broad range of healthcare asset types, including medical office buildings leased to health systems and physician groups, senior living communities operated by leading care providers, and life science campuses serving biotechnology and pharmaceutical companies.

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