HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Up 568.6% in July

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,598 shares, an increase of 568.6% from the July 15th total of 239 shares. Based on an average trading volume of 12,193 shares, the short-interest ratio is currently 0.1 days. Currently, 2.7% of the shares of the company are short sold.

HSBC Holdings plc ADRhedged Stock Down 0.1%

Shares of HSBH stock traded down $0.11 on Thursday, reaching $113.52. The stock had a trading volume of 6,060 shares, compared to its average volume of 6,642. The firm’s 50-day moving average is $108.90 and its two-hundred day moving average is $101.59. The firm has a market capitalization of $6.81 million, a price-to-earnings ratio of 17.23 and a beta of 0.48. HSBC Holdings plc ADRhedged has a 12 month low of $69.50 and a 12 month high of $118.30.

HSBC Holdings plc ADRhedged Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were paid a dividend of $2.1499 per share. This represents a $8.60 annualized dividend and a dividend yield of 7.6%. The ex-dividend date was Tuesday, June 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.