SAP SE ADRhedged (NYSEARCA:SAPH – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 37 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 537 shares, the short-interest ratio is currently 0.1 days. Approximately 0.4% of the company’s stock are short sold.
SAP SE ADRhedged Price Performance
SAPH stock traded up $1.10 during midday trading on Wednesday, hitting $29.88. 314 shares of the company’s stock were exchanged, compared to its average volume of 475. SAP SE ADRhedged has a 12-month low of $27.82 and a 12-month high of $56.56. The firm has a 50 day moving average price of $31.78 and a 200-day moving average price of $35.95.
SAP SE ADRhedged Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were issued a dividend of $0.9553 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $3.82 dividend on an annualized basis and a yield of 12.8%. This is a boost from SAP SE ADRhedged’s previous quarterly dividend of $0.24.
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