Diversified Healthcare Trust’s recent filing unveils that its CFO and Treasurer Brown Matthew C. acquired Company’s shares for reported $5098.0 on Nov 13 ’24. In the deal valued at $2.55 per share,2,000 shares were bought. As a result of this transaction, Brown Matthew C. now holds 86,282 shares worth roughly $0.18 million.
Wells Fargo downgraded its Diversified Healthcare Trust [DHC] rating to an Underweight from a an Equal weight in a research note published recently. Wells Fargo also remained covering DHC and has decreased its forecast on January 17, 2020 with a “an Equal weight” recommendation from previously “an Overweight” rating.
Price Performance Review of DHC
On Monday, Diversified Healthcare Trust [NASDAQ:DHC] saw its stock fall -1.92% to $2.04. Over the last five days, the stock has lost -11.30%. Diversified Healthcare Trust shares have fallen nearly -11.30% since the year began. Nevertheless, the stocks have fallen -32.89% over the past one year. While a 52-week high of $4.24 was reached on 01/02/25, a 52-week low of $2.04 was recorded on 01/13/25. SMA at 50 days reached $2.53, while 200 days put it at $2.92.
Levels Of Support And Resistance For DHC Stock
The 24-hour chart illustrates a support level at 2.00, which if violated will result in even more drops to 1.97. On the upside, there is a resistance level at 2.08. A further resistance level may holdings at 2.12. The Relative Strength Index (RSI) on the 14-day chart is 26.09, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.13%. Stochastics %K at 11.49% indicates the stock is a buying.
How much short interest is there in Diversified Healthcare Trust?
A steep rise in short interest was recorded in Diversified Healthcare Trust stocks on 2024-12-31, growing by 0.23 million shares to a total of 7.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.81 million shares. There was a rise of 3.22%, which implies that there is a positive sentiment for the stock.
