Short Interest in Office Properties Income Trust (NASDAQ:OPINL) Decreases By 38.5%

Office Properties Income Trust (NASDAQ:OPINL) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 4,000 shares, a decline of 38.5% from the February 13th total of 6,500 shares. Based on an average daily volume of 13,700 shares, the short-interest ratio is presently 0.3 days.

Office Properties Income Trust Stock Down 2.0 %

Shares of NASDAQ OPINL traded down $0.19 during midday trading on Friday, reaching $9.53. The company’s stock had a trading volume of 8,257 shares, compared to its average volume of 14,140. Office Properties Income Trust has a one year low of $9.39 and a one year high of $14.90. The company has a 50 day moving average price of $11.36 and a 200 day moving average price of $12.33.

Office Properties Income Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th were issued a $0.3984 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.59 annualized dividend and a dividend yield of 16.72%.

Office Properties Income Trust Company Profile

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI’s revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.