Short Interest in HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Decreases By 34.0%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 155 shares, a drop of 34.0% from the August 15th total of 235 shares. Based on an average daily trading volume, of 5,976 shares, the short-interest ratio is currently 0.0 days. Currently, 0.3% of the shares of the stock are sold short.

HSBC Holdings plc ADRhedged Trading Down 1.5%

HSBH stock traded down $1.69 during midday trading on Friday, reaching $112.27. The stock had a trading volume of 7,684 shares, compared to its average volume of 6,707. HSBC Holdings plc ADRhedged has a 52-week low of $71.92 and a 52-week high of $118.30. The company’s fifty day simple moving average is $113.26 and its 200 day simple moving average is $104.85. The company has a market cap of $19.09 million, a price-to-earnings ratio of 17.23 and a beta of 0.44.

About HSBC Holdings plc ADRhedged

The HSBC Holdings plc ADRhedged (HSBH) is an exchange-traded fund that mostly invests in financials equity. The fund provides exposure to HSBC Holdings ADR, while using swaps to hedge daily currency fluctuations. The fund aims to provide the total return performance of HSBC Holdings Plc, in its local market, to US investors. HSBH was launched on Oct 1, 2024 and is issued by ADRhedged.