Office Properties Income Trust (NASDAQ:OPINL) Short Interest Up 29.1% in December

Office Properties Income Trust (NASDAQ:OPINL) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 7,100 shares, a growth of 29.1% from the November 30th total of 5,500 shares. Based on an average daily trading volume, of 24,000 shares, the days-to-cover ratio is presently 0.3 days.

Office Properties Income Trust Stock Performance

OPINL opened at $11.74 on Friday. Office Properties Income Trust has a 1-year low of $9.62 and a 1-year high of $14.90. The stock’s 50 day simple moving average is $12.15 and its 200 day simple moving average is $12.02.

Office Properties Income Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Sunday, December 1st. Stockholders of record on Friday, November 15th were given a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a dividend yield of 13.58%. The ex-dividend date was Friday, November 15th.

About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI’s revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.