Diversified Healthcare Trust (NASDAQ:DHCNL) Short Interest Update

Diversified Healthcare Trust (NASDAQ:DHCNL) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 33,680 shares, an increase of 37.3% from the January 15th total of 24,522 shares. Based on an average trading volume of 5,777 shares, the short-interest ratio is presently 5.8 days. Based on an average trading volume of 5,777 shares, the short-interest ratio is presently 5.8 days.

Diversified Healthcare Trust Stock Down 1.1%

DHCNL stock traded down $0.21 during trading on Friday, hitting $18.36. 8,637 shares of the company’s stock traded hands, compared to its average volume of 11,485. Diversified Healthcare Trust has a 52 week low of $14.20 and a 52 week high of $19.51. The stock has a fifty day moving average price of $18.21 and a two-hundred day moving average price of $18.00.

Diversified Healthcare Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Sunday, February 15th will be given a dividend of $0.3819 per share. This represents a $1.53 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Friday, February 13th.

Diversified Healthcare Trust is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of net leased healthcare properties in the United States. Headquartered in Newton, Massachusetts, the company focuses on long-term, triple-net leases with creditworthy operators of senior housing, skilled nursing facilities, medical office buildings and life science properties. Its business model centers on generating stable rental income through passive, inflation-protected lease structures.

Since its formation in 2013, Diversified Healthcare Trust has grown its portfolio through targeted acquisitions and selective development partnerships, assembling assets across multiple states and care segments.