SAP SE ADRhedged (NYSEARCA:SAPH) Short Interest Update

SAP SE ADRhedged (NYSEARCA:SAPH) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 1,237 shares, a growth of 1,338.4% from the July 15th total of 86 shares. Approximately 12.4% of the company’s shares are short sold. Based on an average daily volume of 873 shares, the short-interest ratio is presently 1.4 days.

Institutional Trading of SAP SE ADRhedged

An institutional investor recently bought a new stake in SAP SE ADRhedged stock. Madison Asset Management LLC bought a new stake in shares of SAP SE ADRhedged (NYSEARCA:SAPH) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 12,686 shares of the company’s stock, valued at approximately $1,955,000. Madison Asset Management LLC owned 126.86% of SAP SE ADRhedged as of its most recent filing with the SEC.

SAP SE ADRhedged Trading Up 0.3%

Shares of NYSEARCA:SAPH opened at $38.35 on Wednesday. The stock has a 50-day simple moving average of $31.40 and a 200-day simple moving average of $33.33. SAP SE ADRhedged has a 1 year low of $27.49 and a 1 year high of $51.57.

SAP SE ADRhedged Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders 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. This represents a $3.82 annualized dividend and a yield of 10.0%. The ex-dividend date was Tuesday, June 16th.