SAP SE ADRhedged (NYSEARCA:SAPH) Sees Significant Growth in Short Interest

SAP SE ADRhedged (NYSEARCA:SAPHGet Free Report) was the recipient of a significant growth in short interest in 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 trading volume, of 537 shares, the short-interest ratio is presently 0.1 days. Currently, 0.4% of the company’s stock are sold short.

SAP SE ADRhedged Price Performance

NYSEARCA:SAPH opened at $30.23 on Friday. The firm has a 50-day moving average of $31.68 and a 200-day moving average of $35.74. SAP SE ADRhedged has a one year low of $27.82 and a one year high of $56.56.

SAP SE ADRhedged Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.9553 per share. This is an increase from SAP SE ADRhedged’s previous quarterly dividend of $0.24. The ex-dividend date was Tuesday, June 16th. This represents a $3.82 dividend on an annualized basis and a yield of 12.6%.

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