HSBC Holdings plc ADRhedged (NYSEARCA:HSBH – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 3,259 shares, an increase of 1,193.3% from the September 30th total of 252 shares. Currently, 5.4% of the company’s stock are short sold. Based on an average trading volume of 8,523 shares, the short-interest ratio is presently 0.4 days.
HSBC Holdings plc ADRhedged Price Performance
NYSEARCA HSBH traded down $5.88 on Tuesday, hitting $95.57. The stock had a trading volume of 2,625 shares, compared to its average volume of 6,800. The business’s fifty day moving average price is $110.30 and its 200 day moving average price is $103.26. HSBC Holdings plc ADRhedged has a 52-week low of $77.02 and a 52-week high of $118.30. The stock has a market cap of $5.73 million, a price-to-earnings ratio of 17.23 and a beta of 0.47.
HSBC Holdings plc ADRhedged Company Profile
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.
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