Short Interest in Novo Nordisk A/S (B Shares) ADRhedged (NYSEARCA:NVOH) Decreases By 64.3%

Novo Nordisk A/S (B Shares) ADRhedged (NYSEARCA:NVOH) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 759 shares, a decrease of 64.3% from the May 31st total of 2,124 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 2,486 shares, the days-to-cover ratio is presently 0.3 days.

Novo Nordisk A/S (B Shares) ADRhedged Price Performance

Shares of Novo Nordisk A/S (B Shares) ADRhedged stock opened at $26.17 on Friday. The firm has a fifty day moving average price of $24.11 and a two-hundred day moving average price of $24.95. Novo Nordisk A/S has a fifty-two week low of $19.00 and a fifty-two week high of $38.51.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were issued a $0.7667 dividend. This is a positive change 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%.