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

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 37 shares, a decrease of 88.6% from the April 30th total of 325 shares. Based on an average trading volume of 1,896 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

HSBC Holdings plc ADRhedged Price Performance

NYSEARCA:HSBH traded down $1.81 during trading hours on Thursday, reaching $104.65. 16,895 shares of the stock were exchanged, compared to its average volume of 6,251. HSBC Holdings plc ADRhedged has a twelve month low of $63.49 and a twelve month high of $106.45. The firm has a 50 day moving average of $98.56 and a 200 day moving average of $92.19. The stock has a market cap of $6.28 million, a PE ratio of 17.23 and a beta of 0.54.

HSBC Holdings plc ADRhedged Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, March 23rd. Stockholders of record on Monday, March 16th were paid a dividend of $0.3507 per share. The ex-dividend date was Monday, March 16th.

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.