Diversified Healthcare Trust (NASDAQ:DHC) Short Interest Up 16.4% in February

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 8,720,000 shares, an increase of 16.4% from the February 13th total of 7,490,000 shares. Currently, 4.0% of the company's shares are sold short. Based on an average trading volume of 1,070,000 shares, the short-interest ratio is presently 8.1 days.

Institutional Investors Weigh In On Diversified Healthcare Trust

A number of hedge funds have recently modified their holdings of DHC. Deerfield Management Company L.P. Series C acquired a new stake in shares of Diversified Healthcare Trust during the fourth quarter worth about $36,000. Boothbay Fund Management LLC acquired a new stake in shares of Diversified Healthcare Trust during the fourth quarter worth about $41,000. Proficio Capital Partners LLC acquired a new stake in shares of Diversified Healthcare Trust during the fourth quarter worth about $44,000. RPO LLC acquired a new stake in shares of Diversified Healthcare Trust during the fourth quarter worth about $54,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Diversified Healthcare Trust during the fourth quarter worth about $65,000. Institutional investors and hedge funds own 75.98% of the company's stock.

Diversified Healthcare Trust Trading Down 8.6 %

NASDAQ:DHC traded down $0.23 during mid-day trading on Friday, hitting $2.45. The company had a trading volume of 3,576,684 shares, compared to its average volume of 964,954. Diversified Healthcare Trust has a fifty-two week low of $2.01 and a fifty-two week high of $4.24. The business's fifty day moving average is $2.50 and its two-hundred day moving average is $2.83. The company has a debt-to-equity ratio of 1.44, a quick ratio of 11.57 and a current ratio of 11.57. The firm has a market cap of $591.12 million, a P/E ratio of -1.52 and a beta of 2.15.

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Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last released its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.29) by $0.31. Diversified Healthcare Trust had a negative return on equity of 17.55% and a negative net margin of 26.09%. The firm had revenue of $379.62 million for the quarter, compared to analyst estimates of $370.97 million.

Diversified Healthcare Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Monday, January 27th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend was Monday, January 27th. Diversified Healthcare Trust's payout ratio is -2.60%.

Analyst Ratings Changes

Separately, StockNews.com cut Diversified Healthcare Trust from a "hold" rating to a "sell" rating in a report on Wednesday, February 26th.

Diversified Healthcare Trust Company Profile

Diversified Healthcare Trust is a real estate investment trust, which engages in the ownership of senior living communities, medical office buildings, and wellness centers. It operates through the following segments: Office Portfolio, Senior Housing Operating Portfolio (SHOP), and Non-Segment. The Office Portfolio segment consists of medical office properties leased to medical providers and other medical related businesses, as well as life science properties leased to biotech laboratories and other similar tenants.