BP p.l.c. ADRhedged (NYSEARCA:BPH – Get Free Report) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 20 shares, a decline of 80.0% from the June 30th total of 100 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 854 shares, the days-to-cover ratio is presently 0.0 days.
BP p.l.c. ADRhedged Trading Down 1.9%
Shares of NYSEARCA BPH traded down $1.30 during trading on Monday, reaching $67.31. The company had a trading volume of 260 shares, compared to its average volume of 966. The company’s fifty day moving average price is $64.69 and its 200-day moving average price is $64.29. BP p.l.c. ADRhedged has a 12 month low of $49.72 and a 12 month high of $74.81.
BP p.l.c. ADRhedged Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were issued a $0.3321 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.33 annualized dividend and a yield of 2.0%.
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