Office Properties Income Trust (NASDAQ:OPINL) is seeing a significant increase in short interest

Office Properties Income Trust (NASDAQ:OPINL – Get Free Report ) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 24,900 shares, an increase of 555.3% from August 31st’s total of 3,800 shares. Based on an average daily volume of 28,000 shares, the short interest rate is currently 0.9 days.

Office Properties Income Trust Stock Performance

Shares of Office Properties Income Trust stock traded up $0.17 during trading on Wednesday, reaching $14.42. 19,383 shares of the company exchanged hands, compared to its average volume of 29,630. The stock’s 50-day simple moving average is $11.95, and its two-hundred-day simple moving average is $11.12. Office Properties Income Trust has a 52-week low of $9.62 and a 52-week high of $15.01.

Office Properties Income Trust announces dividend

The company also recently disclosed a quarterly dividend, which was paid on Sunday, September 1st. Stockholders of record on Thursday, August 15th were paid a $0.3984 dividend. The ex-dividend date was Thursday, August 15. This represents a dividend of $1.59 on an annualized basis and a dividend yield of 11.05%.

About Office Properties Income Trust

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opi is a REIT focused on owning, operating and leasing properties leased primarily to single tenants and those with high credit quality characteristics such as government entities. opi is managed by the operational subsidiary of the rmr group inc. (nasdaq: rmr), an alternative asset management company based in Newton, Massachusetts.

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