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

Office Properties Income Trust (NASDAQ:OPINL) saw a large growth in short interest in 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 volume of 24,000 shares, the short-interest ratio is currently 0.3 days.

Office Properties Income Trust Trading Up 6.0 %

Shares of NASDAQ:OPINL traded up $0.70 on Tuesday, hitting $12.45. 36,240 shares of the company were exchanged, compared to its average volume of 28,059. 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 moving average price is $12.10 and its 200 day moving average price is $12.04.

Office Properties Income Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Friday, November 15th were given a dividend of $0.3984 per share. The ex-dividend date was Friday, November 15th. This represents a $1.59 dividend on an annualized basis and a yield of 12.80%.

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.