SAP SE ADRhedged (NYSEARCA:SAPH) Short Interest Up 100.0% in June

SAP SE ADRhedged (NYSEARCA:SAPHGet Free Report) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 74 shares, a growth of 100.0% from the June 15th total of 37 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 576 shares, the short-interest ratio is presently 0.1 days.

SAP SE ADRhedged Trading Up 0.1%

Shares of SAPH stock opened at $28.98 on Thursday. The company has a fifty day moving average price of $31.31 and a two-hundred day moving average price of $34.80. SAP SE ADRhedged has a one year low of $27.82 and a one year high of $56.49.

SAP SE ADRhedged Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were issued a dividend of $0.9553 per share. This represents a $3.82 dividend on an annualized basis and a dividend yield of 13.2%. The ex-dividend date of this dividend was Tuesday, June 16th. This is a boost from SAP SE ADRhedged’s previous quarterly dividend of $0.24.

Further Reading

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