Office Properties Income Trust (NASDAQ:OPINL) Sees Significant Increase in Short Interest

Office Properties Income Trust (NASDAQ:OPINL) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 9,500 shares, a growth of 75.9% from the August 31st total of 5,400 shares. Based on an average trading volume of 21,500 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 21,500 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Office Properties Income Trust in a research report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Office Properties Income Trust presently has a consensus rating of “Sell”.

Office Properties Income Trust Stock Up 0.8%

NASDAQ:OPINL opened at $3.90 on Tuesday. Office Properties Income Trust has a twelve month low of $3.31 and a twelve month high of $14.83. The stock’s 50-day simple moving average is $6.33 and its 200 day simple moving average is $6.84.

Office Properties Income Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 1st. Stockholders of record on Friday, August 15th were paid a dividend of $0.3984 per share. This represents a $1.59 dividend on an annualized basis and a dividend yield of 40.9%. The ex-dividend date of this dividend was Friday, August 15th.

Office Properties Income Trust Company Profile

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.