STMicroelectronics NV ADRhedged (NYSEARCA:STHH) Short Interest Update

STMicroelectronics NV ADRhedged (NYSEARCA:STHH) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 2,569 shares, an increase of 240.3% from the May 31st total of 755 shares. Approximately 25.7% of the shares of the stock are short sold. Based on an average trading volume of 7,298 shares, the short-interest ratio is presently 0.4 days.

STMicroelectronics NV ADRhedged Stock Performance

Shares of STMicroelectronics NV ADRhedged stock opened at $144.32 on Friday. STMicroelectronics NV ADRhedged has a 1 year low of $43.30 and a 1 year high of $162.57. The business has a 50 day moving average price of $128.46 and a 200 day moving average price of $84.94.

STMicroelectronics NV ADRhedged shares are going to split on Friday, July 10th. The 10-1 split was recently announced. The newly created shares will be payable to shareholders after the closing bell on Thursday, July 9th.

STMicroelectronics NV ADRhedged Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Tuesday, June 16th.

About STMicroelectronics NV ADRhedged

The STMicroelectronics NV ADRhedged (STHH) is an exchange-traded fund that mostly invests in information technology equity. The fund provides exposure to STMicroelectronics ADR, while using swaps to hedge daily currency fluctuations. The fund aims to provide the total return performance of STMicroelectronics, in its local market, to US investors. STHH was launched on Mar 13, 2025 and is issued by ADRhedged.