BP p.l.c. ADRhedged (NYSEARCA:BPH – Get Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 103 shares, an increase of ∞ from the May 31st total of 0 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 362 shares, the days-to-cover ratio is currently 0.3 days.
BP p.l.c. ADRhedged Stock Up 1.8%
Shares of BPH opened at $58.75 on Friday. The stock’s fifty day simple moving average is $66.56 and its 200-day simple moving average is $63.15. BP p.l.c. ADRhedged has a 12-month low of $46.11 and a 12-month high of $74.81.
BP p.l.c. ADRhedged Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were issued a dividend of $0.3321 per share. This represents a $1.33 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, June 16th.
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