Diversified Healthcare Trust – (NASDAQ:DHCNI) Short Interest Up 76.0% in June

Diversified Healthcare Trust – (NASDAQ:DHCNIGet Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 17,600 shares, an increase of 76.0% from the May 31st total of 10,000 shares. Based on an average trading volume of 52,100 shares, the days-to-cover ratio is currently 0.3 days.

Diversified Healthcare Trust Stock Performance

NASDAQ:DHCNI traded down $0.50 during mid-day trading on Friday, reaching $12.69. The stock had a trading volume of 341,115 shares, compared to its average volume of 39,433. The firm has a 50 day moving average price of $13.51 and a two-hundred day moving average price of $14.43. Diversified Healthcare Trust has a one year low of $12.02 and a one year high of $16.10.

Diversified Healthcare Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Monday, April 15th were given a $0.25 dividend. The ex-dividend date was Friday, April 12th. This represents a $1.00 dividend on an annualized basis and a yield of 7.88%.

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