Short Interest in SAP SE ADRhedged (NYSEARCA:SAPH) Expands By 100.0%

SAP SE ADRhedged (NYSEARCA:SAPHGet Free Report) was the recipient of a large growth in short interest in the month of 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. Based on an average daily volume of 576 shares, the short-interest ratio is presently 0.1 days. Currently, 0.7% of the company’s stock are sold short.

SAP SE ADRhedged Price Performance

Shares of SAPH stock opened at $29.61 on Friday. SAP SE ADRhedged has a 52-week low of $27.82 and a 52-week high of $56.00. The company’s 50 day moving average is $31.21 and its 200 day moving average is $34.66.

SAP SE ADRhedged Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors 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 dividend yield of 12.9%.

Further Reading

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