HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Stock Short Interest Jumps 1,465.8%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 2,427 shares, an increase of 1,465.8% from the August 31st total of 155 shares. Based on an average trading volume of 6,444 shares, the short-interest ratio is currently 0.4 days. Approximately 4.0% of the company’s stock are sold short.

HSBC Holdings plc ADRhedged Stock Up 0.8%

HSBH stock traded up $0.92 during trading on Friday, reaching $113.01. The stock had a trading volume of 9,238 shares, compared to its average volume of 6,771. The company has a market capitalization of $6.78 million, a price-to-earnings ratio of 17.23 and a beta of 0.44. HSBC Holdings plc ADRhedged has a one year low of $71.92 and a one year high of $118.30. The company’s 50 day moving average is $113.60 and its two-hundred day moving average is $105.46.

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.