HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Update

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 8,688 shares, an increase of 6,532.1% from the May 31st total of 131 shares. Approximately 14.5% of the company’s stock are short sold. Based on an average trading volume of 3,190 shares, the short-interest ratio is currently 2.7 days.

HSBC Holdings plc ADRhedged Stock Performance

HSBC Holdings plc ADRhedged stock traded up $1.01 during mid-day trading on Thursday, reaching $106.37. The stock had a trading volume of 218 shares, compared to its average volume of 5,691. The firm has a market capitalization of $6.38 million, a PE ratio of 17.23 and a beta of 0.51. HSBC Holdings plc ADRhedged has a fifty-two week low of $64.39 and a fifty-two week high of $107.66. The stock’s 50-day simple moving average is $102.69 and its 200-day simple moving average is $95.84.

HSBC Holdings plc ADRhedged Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were given a $2.1499 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $8.60 annualized dividend and a yield of 8.1%.

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.