Shell plc ADRhedged (NYSEARCA:SHEH) Short Interest Update

Shell plc ADRhedged (NYSEARCA:SHEH) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 388 shares, a decrease of 71.6% from the July 30th total of 1,365 shares. Based on an average trading volume of 8,796 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Investors Weigh In On Shell plc ADRhedged

An institutional investor recently bought a new stake in Shell plc ADRhedged stock. Archer Investment Corp purchased a new stake in Shell plc ADRhedged (NYSEARCA:SHEH) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 491 shares of the company’s stock, valued at approximately $38,000. Archer Investment Corp owned 0.49% of Shell plc ADRhedged at the end of the most recent reporting period.

Shell plc ADRhedged Stock Up 0.5%

NYSEARCA SHEH traded up $0.30 during midday trading on Friday, hitting $65.57. The company had a trading volume of 5,664 shares, compared to its average volume of 6,343. The firm has a fifty day simple moving average of $62.41 and a two-hundred day simple moving average of $62.64. Shell plc ADRhedged has a fifty-two week low of $50.34 and a fifty-two week high of $69.49. The stock has a market cap of $6.56 million, a price-to-earnings ratio of 6.75 and a beta of -0.52.

Shell plc ADRhedged Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were given a $0.4991 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.0%.

Shell plc ADRhedged Company Profile

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.