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

The Sage Group plc (OTCMKTS:SGPYY) saw a significant growth in short interest in 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 daily trading volume, of 36,400 shares, the short-interest ratio is presently 0.3 days.

The Sage Group Stock Performance

The Sage Group stock opened at $64.71 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a fifty day moving average of $65.13 and a two-hundred day moving average of $59.40. The Sage Group has a fifty-two week low of $49.22 and a fifty-two week high of $68.45.

The Sage Group Increases Dividend

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

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.