Diversified Healthcare Trust (NASDAQ:DHCNL – Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 10,900 shares, a drop of 43.5% from the February 28th total of 19,300 shares. Based on an average daily trading volume, of 10,500 shares, the days-to-cover ratio is currently 1.0 days.
Diversified Healthcare Trust Trading Down 0.6 %
Shares of DHCNL stock traded down $0.10 during midday trading on Friday, hitting $15.33. The company had a trading volume of 3,234 shares, compared to its average volume of 15,368. The company’s 50 day simple moving average is $16.14 and its 200 day simple moving average is $16.37. Diversified Healthcare Trust has a 52-week low of $13.73 and a 52-week high of $18.25.
Diversified Healthcare Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th were paid a $0.3906 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.56 annualized dividend and a yield of 10.19%.
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