The Sage Group plc (OTCMKTS:SGPYY) Short Interest Down 30.6% in November

The Sage Group plc (OTCMKTS:SGPYY) saw a large drop in short interest in November. As of November 30th, there was short interest totalling 32,600 shares, a drop of 30.6% from the November 15th total of 47,000 shares. Based on an average trading volume of 50,700 shares, the days-to-cover ratio is presently 0.6 days.

The Sage Group Stock Down 0.2 %

Shares of The Sage Group stock traded down $0.12 during trading on Friday, hitting $66.19. The company’s stock had a trading volume of 18,629 shares, compared to its average volume of 31,391. The company has a fifty day simple moving average of $57.85 and a two-hundred day simple moving average of $55.35. The Sage Group has a 52 week low of $49.22 and a 52 week high of $67.56.

The Sage Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, January 10th will be paid a $0.6887 dividend. This is a positive change from The Sage Group’s previous dividend of $0.30. The ex-dividend date of this dividend is Friday, January 10th.

The Sage Group Company Profile

The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.