Short Interest in The Sage Group plc (OTCMKTS:SGPYY) Expands By 12,400.0%

The Sage Group plc (OTCMKTS:SGPYY) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 12,500 shares, a growth of 12,400.0% from the January 31st total of 100 shares. Based on an average trading volume of 36,400 shares, the days-to-cover ratio is presently 0.3 days.

The Sage Group Stock Performance

Shares of The Sage Group stock opened at $64.71 on Friday. The Sage Group has a twelve month low of $49.22 and a twelve month high of $68.45. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.13. The business’s fifty day moving average price is $65.13 and its 200 day moving average price is $59.40.

The Sage Group Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, January 10th were issued a $0.6887 dividend. The ex-dividend date was Friday, January 10th. This is a boost from The Sage Group’s previous dividend of $0.30.

About The Sage Group

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.