The Sage Group plc (OTCMKTS:SGPYY) Short Interest Down 82.6% in January

The Sage Group plc (OTCMKTS:SGPYY) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 5,200 shares, a decline of 82.6% from the December 31st total of 29,800 shares. Based on an average daily volume of 54,100 shares, the short-interest ratio is currently 0.1 days.

The Sage Group Stock Up 0.2 %

SGPYY traded up $0.16 during midday trading on Tuesday, hitting $66.31. 17,139 shares of the company were exchanged, compared to its average volume of 38,361. The company’s 50 day simple moving average is $65.30 and its 200 day simple moving average is $57.71. The Sage Group has a 1-year low of $49.22 and a 1-year high of $68.45. 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 Sage Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, January 10th will be given 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 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.