Novo Nordisk A/S (B Shares) ADRhedged (NYSEARCA:NVOH – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 759 shares, a decline of 64.3% from the May 31st total of 2,124 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 2,486 shares, the days-to-cover ratio is currently 0.3 days.
Novo Nordisk A/S (B Shares) ADRhedged Stock Down 0.5%
Shares of NVOH stock traded down $0.14 on Tuesday, reaching $26.13. The company had a trading volume of 748 shares, compared to its average volume of 4,925. The business’s 50-day moving average is $24.18 and its 200 day moving average is $24.95. Novo Nordisk A/S has a one year low of $19.00 and a one year high of $38.51.
Novo Nordisk A/S (B Shares) ADRhedged Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were given a dividend of $0.7667 per share. The ex-dividend date was Tuesday, June 16th. This represents a $3.07 dividend on an annualized basis and a yield of 11.7%. This is a positive change from Novo Nordisk A/S (B Shares) ADRhedged’s previous quarterly dividend of $0.28.
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