Short Interest in Diversified Healthcare Trust (NASDAQ:DHCNL) Drops By 21.1%

Diversified Healthcare Trust (NASDAQ:DHCNL) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 8,600 shares, a decrease of 21.1% from the March 15th total of 10,900 shares. Based on an average daily trading volume, of 9,000 shares, the days-to-cover ratio is presently 1.0 days.

Diversified Healthcare Trust Stock Down 0.3 %

Shares of Diversified Healthcare Trust stock traded down $0.05 on Monday, hitting $14.38. 2,750 shares of the company’s stock traded hands, compared to its average volume of 15,676. The company has a fifty day moving average of $15.58 and a two-hundred day moving average of $16.09. Diversified Healthcare Trust has a one year low of $13.80 and a one year high of $18.25.

Diversified Healthcare Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th were paid a $0.3906 dividend. This represents a $1.56 annualized dividend and a yield of 10.87%. The ex-dividend date of this dividend was Friday, February 14th.