Toyota Motor Corporation ADRhedged (NYSEARCA:TMH) Sees Significant Drop in Short Interest

Toyota Motor Corporation ADRhedged (NYSEARCA:TMH) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 18 shares, a decrease of 94.1% from the August 15th total of 307 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 344 shares, the days-to-cover ratio is currently 0.1 days.

Toyota Motor Corporation ADRhedged Price Performance

Shares of NYSEARCA TMH traded up $0.47 during mid-day trading on Thursday, reaching $49.39. 238 shares of the company’s stock were exchanged, compared to its average volume of 556. The firm has a market capitalization of $493,900.00, a price-to-earnings ratio of 80.97 and a beta of -0.15. Toyota Motor Corporation ADRhedged has a 52 week low of $44.94 and a 52 week high of $65.81. The firm has a 50-day moving average price of $49.84 and a two-hundred day moving average price of $52.45.

Toyota Motor Corporation ADRhedged Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were issued a dividend of $2.3745 per share. This represents a $9.50 dividend on an annualized basis and a yield of 19.2%. This is a boost from Toyota Motor Corporation ADRhedged’s previous quarterly dividend of $0.68. The ex-dividend date was Tuesday, June 16th. Toyota Motor Corporation ADRhedged’s dividend payout ratio is 1,311.48%.

Toyota Motor Corporation ADRhedged Company Profile

The Toyota Motor Corporation ADRhedged (TMH) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides exposure to Toyota Motor Corp. ADR, while using swaps to hedge daily currency fluctuations TMH was launched on Mar 13, 2025 and is issued by ADRhedged.