Shell plc ADRhedged (NYSEARCA:SHEH) Sees Significant Increase in Short Interest

Shell plc ADRhedged (NYSEARCA:SHEH) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 207 shares, a growth of 567.7% from the June 30th total of 31 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 9,207 shares, the days-to-cover ratio is currently 0.0 days.

Shell plc ADRhedged Price Performance

Shares of SHEH stock opened at $64.25 on Monday. The company’s fifty day simple moving average is $60.75 and its 200-day simple moving average is $60.69. The firm has a market cap of $6.42 million, a PE ratio of 6.75 and a beta of -0.45. Shell plc ADRhedged has a 12 month low of $50.34 and a 12 month high of $69.49.

Shell plc ADRhedged Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were given a dividend of $0.4991 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.00 annualized dividend and a yield of 3.1%.

About Shell plc ADRhedged

The Shell plc ADRhedged (SHEH) is an exchange-traded fund that is based on the Shell plc – Benchmark Price Return index. The fund provides exposure to Shell Plc ADR, while using swaps to hedge daily currency fluctuations. The fund aims to provide the total return performance of Shell Plc, in its local market, to US investors. SHEH was launched on Oct 1, 2024 and is issued by ADRhedged.