Short Interest in Diversified Healthcare Trust (NASDAQ:DHCNL) Drops By 43.5%

Diversified Healthcare Trust (NASDAQ:DHCNLGet Free Report) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 10,900 shares, a decline of 43.5% from the February 28th total of 19,300 shares. Based on an average daily volume of 10,500 shares, the short-interest ratio is presently 1.0 days.

Diversified Healthcare Trust Price Performance

NASDAQ:DHCNL opened at $15.43 on Friday. Diversified Healthcare Trust has a fifty-two week low of $13.73 and a fifty-two week high of $18.25. The company has a 50 day simple moving average of $16.15 and a two-hundred day simple moving average of $16.38.

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 10.13%. The ex-dividend date of this dividend was Friday, February 14th.

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