HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Up 6,532.1% in June

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a large 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. Currently, 14.5% of the company’s stock are short sold. Based on an average trading volume of 3,190 shares, the days-to-cover ratio is presently 2.7 days.

HSBC Holdings plc ADRhedged Stock Performance

Shares of NYSEARCA HSBH opened at $106.37 on Friday. The stock’s 50-day simple moving average is $102.69 and its 200-day simple moving average is $95.84. 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.

HSBC Holdings plc ADRhedged Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were issued a dividend of $2.1499 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $8.60 dividend on an annualized basis and a yield of 8.1%.

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.