SAP SE ADRhedged (NYSEARCA:SAPH – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 37 shares, an increase of ? from the May 31st total of 0 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 537 shares, the days-to-cover ratio is currently 0.1 days.
SAP SE ADRhedged Stock Up 3.8%
NYSEARCA SAPH traded up $1.10 on Wednesday, reaching $29.88. The company had a trading volume of 314 shares, compared to its average volume of 475. SAP SE ADRhedged has a 1 year low of $27.82 and a 1 year high of $56.56. The firm has a 50-day moving average of $31.78 and a 200-day moving average of $35.95.
SAP SE ADRhedged Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were paid a $0.9553 dividend. This represents a $3.82 annualized dividend and a dividend yield of 12.8%. This is a boost from SAP SE ADRhedged’s previous quarterly dividend of $0.24. The ex-dividend date was Tuesday, June 16th.
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