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

Office Properties Income Trust (NASDAQ:OPINL) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 20,300 shares, an increase of 407.5% from the February 28th total of 4,000 shares. Based on an average daily volume of 15,000 shares, the short-interest ratio is currently 1.4 days.

Office Properties Income Trust Trading Down 2.3 %

Shares of Office Properties Income Trust stock opened at $9.07 on Thursday. The business’s fifty day moving average price is $10.95 and its 200 day moving average price is $12.14. Office Properties Income Trust has a twelve month low of $9.02 and a twelve month high of $14.90.

Office Properties Income Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Saturday, February 15th were paid a $0.3984 dividend. This represents a $1.59 annualized dividend and a dividend yield of 17.57%. The ex-dividend date of this dividend was Friday, February 14th.

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.