Diversified Healthcare Trust (NASDAQ:DHCNL – Get Rating) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 600 shares, a decline of 84.2% from the November 30th total of 3,800 shares. Based on an average daily trading volume, of 41,400 shares, the short-interest ratio is presently 0.0 days.

Diversified Healthcare Trust Price Performance

Shares of Diversified Healthcare Trust stock traded up $0.10 during trading hours on Thursday, reaching $11.68. The company had a trading volume of 63,788 shares, compared to its average volume of 30,162. Diversified Healthcare Trust has a one year low of $10.19 and a one year high of $23.15. The business has a fifty day simple moving average of $12.52 and a 200 day simple moving average of $14.65.

Diversified Healthcare Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 13.38%. The ex-dividend date is Tuesday, November 14th.

Further Reading

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