HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Shares Shorted: Short Interest Down 95.9% in October

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 135 shares, a decline of 95.9% from the October 15th total of 3,259 shares. Based on an average trading volume of 3,953 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the shares of the company are sold short.

HSBC Holdings plc ADRhedged Stock Performance

NYSEARCA HSBH traded up $0.37 during trading hours on Tuesday, hitting $100.68. The company had a trading volume of 1,822 shares, compared to its average volume of 6,571. The business has a 50 day moving average of $106.89 and a 200-day moving average of $103.65. The company has a market cap of $6.04 million, a PE ratio of 17.23 and a beta of 0.59. HSBC Holdings plc ADRhedged has a 1-year low of $77.02 and a 1-year high of $118.30.

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.