Office Properties Income Trust (NASDAQ:OPINL) Short Interest Update

Office Properties Income Trust (NASDAQ:OPINL) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 24,000 shares, a growth of 515.4% from the February 29th total of 3,900 shares. Based on an average trading volume of 44,200 shares, the days-to-cover ratio is presently 0.5 days.

Office Properties Income Trust Trading Up 1.8 %

NASDAQ OPINL traded up $0.19 on Thursday, hitting $10.88. The company’s stock had a trading volume of 135,068 shares, compared to its average volume of 42,636. The company’s 50-day simple moving average is $10.99 and its 200 day simple moving average is $12.39. Office Properties Income Trust has a 52-week low of $9.90 and a 52-week high of $17.49.

Office Properties Income Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a dividend yield of 14.65%. The ex-dividend date was Wednesday, February 14th.

About Office Properties Income Trust

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