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

Office Properties Income Trust (NASDAQ:OPINL) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 12,100 shares, a decline of 39.8% from the October 15th total of 20,100 shares. Based on an average daily volume of 25,300 shares, the days-to-cover ratio is presently 0.5 days.

Office Properties Income Trust Stock Performance

Shares of OPINL opened at $11.52 on Wednesday. The firm has a 50 day simple moving average of $13.58 and a two-hundred day simple moving average of $11.77. Office Properties Income Trust has a one year low of $9.62 and a one year high of $15.01.

Office Properties Income Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Investors of record on Friday, November 15th will be issued a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a dividend yield of 13.83%. The ex-dividend date is 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.