SAP SE ADRhedged (NYSEARCA:SAPH – Get Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 74 shares, an increase of 100.0% from the June 15th total of 37 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 576 shares, the short-interest ratio is currently 0.1 days.
SAP SE ADRhedged Trading Down 1.5%
NYSEARCA:SAPH traded down $0.44 during midday trading on Friday, reaching $29.61. 219 shares of the stock traded hands, compared to its average volume of 511. The company has a fifty day moving average of $31.21 and a 200 day moving average of $34.66. SAP SE ADRhedged has a 12 month low of $27.82 and a 12 month high of $56.00.
SAP SE ADRhedged Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were paid a dividend of $0.9553 per share. This represents a $3.82 dividend on an annualized basis and a dividend yield of 12.9%. The ex-dividend date of this dividend was Tuesday, June 16th. This is a positive change from SAP SE ADRhedged’s previous quarterly dividend of $0.24.
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