Diversified Healthcare Trust – (NASDAQ:DHCNI) Short Interest Up 121.8% in December

Diversified Healthcare Trust – (NASDAQ:DHCNIGet Free Report) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 8,628 shares, an increase of 121.8% from the November 30th total of 3,890 shares. Based on an average trading volume of 18,123 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 18,123 shares, the short-interest ratio is currently 0.5 days.

Diversified Healthcare Trust Stock Performance

Shares of DHCNI stock opened at $16.91 on Friday. Diversified Healthcare Trust has a fifty-two week low of $12.79 and a fifty-two week high of $18.29. The company has a 50 day moving average price of $16.99 and a 200 day moving average price of $16.81.

Diversified Healthcare Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, November 1st. Investors of record on Wednesday, October 15th were issued a $0.3516 dividend. The ex-dividend date was Wednesday, October 15th. This represents a $1.41 dividend on an annualized basis and a yield of 8.3%.

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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