SAP SE (NYSE:SAP) Sees Large Increase in Short Interest
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SAP SE (NYSE:SAP) Sees Large Increase in Short Interest
SAP SE (NYSE:SAP - Get Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 1,920,000 shares, an increase of 31.5% from the May 15th total of 1,460,000 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 1,450,000 shares, the days-to-cover ratio is presently 1.3 days.
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