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

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

Novo Nordisk A/S (B Shares) ADRhedged Stock Up 0.8%

Shares of NYSEARCA NVOH opened at $26.17 on Friday. Novo Nordisk A/S has a 1-year low of $19.00 and a 1-year high of $38.51. The company has a 50-day moving average of $24.11 and a two-hundred day moving average of $24.95.

Novo Nordisk A/S (B Shares) ADRhedged Increases 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 $0.7667 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $3.07 annualized dividend and a yield of 11.7%. This is a positive change from Novo Nordisk A/S (B Shares) ADRhedged’s previous quarterly dividend of $0.28.

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