Short Interest in Diversified Healthcare Trust – (NASDAQ:DHCNI) Increases By 342.1%

Diversified Healthcare Trust – (NASDAQ:DHCNI) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 8,400 shares, an increase of 342.1% from the November 15th total of 1,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Diversified Healthcare Trust Stock Performance

DHCNI traded down $0.04 during midday trading on Friday, reaching $15.37. 1,915 shares of the company were exchanged, compared to its average volume of 33,286. The company’s fifty day moving average price is $15.64 and its 200 day moving average price is $14.85. Diversified Healthcare Trust has a one year low of $12.37 and a one year high of $17.46.

Diversified Healthcare Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th were paid a $0.3516 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 9.15%. The ex-dividend date was Tuesday, October 15th. This is an increase from Diversified Healthcare Trust’s previous quarterly dividend of $0.35.