Office Properties Income Trust (NASDAQ:OPINL) Short Interest Up 75.9% in September

Office Properties Income Trust (NASDAQ:OPINL) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 9,500 shares, a growth of 75.9% from the August 31st total of 5,400 shares. Based on an average trading volume of 21,500 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 21,500 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Office Properties Income Trust in a research note on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Office Properties Income Trust Price Performance

Shares of NASDAQ OPINL opened at $3.87 on Friday. Office Properties Income Trust has a 52-week low of $3.31 and a 52-week high of $14.83. The business has a fifty day moving average of $6.38 and a two-hundred day moving average of $6.89.

Office Properties Income Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Friday, August 15th were paid a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a yield of 41.2%. The ex-dividend date of this dividend was Friday, August 15th.

About Office Properties Income Trust

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.