Diversified Healthcare Trust’s filing revealed 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 $0.21 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 Friday, Diversified Healthcare Trust [NASDAQ:DHC] saw its stock unchanged to $2.47. Over the last five days, the stock has gained 0.82%. Diversified Healthcare Trust shares have risen nearly 7.39% since the year began. Nevertheless, the stocks have risen 5.11% over the past one year. While a 52-week high of $4.24 was reached on 03/03/25, a 52-week low of $2.01 was recorded on 01/13/25. SMA at 50 days reached $2.53, while 200 days put it at $2.93.
Levels Of Support And Resistance For DHC Stock
The 24-hour chart illustrates a support level at 2.44, which if violated will result in even more drops to 2.40. On the upside, there is a resistance level at 2.50. A further resistance level may holdings at 2.53. The Relative Strength Index (RSI) on the 14-day chart is 44.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.14%. Stochastics %K at 27.57% indicates the stock is a holding.
How much short interest is there in Diversified Healthcare Trust?
A steep rise in short interest was recorded in Diversified Healthcare Trust stocks on 2025-03-14, growing by 1.28 million shares to a total of 8.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.49 million shares. There was a rise of 14.62%, which implies that there is a positive sentiment for the stock.
