BP p.l.c. ADRhedged (NYSEARCA:BPH – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 91 shares, a drop of 40.1% from the August 15th total of 152 shares. Based on an average trading volume of 1,123 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the company’s shares are sold short.
BP p.l.c. ADRhedged Trading Down 2.5%
Shares of NYSEARCA BPH traded down $1.83 during midday trading on Wednesday, reaching $71.53. 201 shares of the stock were exchanged, compared to its average volume of 927. The business has a 50-day simple moving average of $67.07 and a two-hundred day simple moving average of $67.17. BP p.l.c. ADRhedged has a 12 month low of $51.30 and a 12 month high of $74.81.
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