Novo Nordisk A/S (B Shares) ADRhedged (NYSEARCA:NVOH) Short Interest Update

Novo Nordisk A/S (B Shares) ADRhedged (NYSEARCA:NVOH) was the recipient of a significant decline in short interest during the month of 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 sold short. Based on an average trading volume of 2,486 shares, the short-interest ratio is currently 0.3 days.

Novo Nordisk A/S (B Shares) ADRhedged Stock Up 0.4%

Shares of NVOH traded up $0.10 during trading hours on Monday, hitting $26.27. 1,364 shares of the stock were exchanged, compared to its average volume of 4,960. Novo Nordisk A/S has a 12-month low of $19.00 and a 12-month high of $38.51. The stock’s 50-day moving average price is $24.11 and its two-hundred day moving average price is $24.94.

Novo Nordisk A/S (B Shares) ADRhedged Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.7667 per share. This is a boost from Novo Nordisk A/S (B Shares) ADRhedged’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $3.07 annualized dividend and a yield of 11.7%.