HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Stock Short Interest Declines 89.6%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 252 shares, a decrease of 89.6% from the September 15th total of 2,427 shares. Based on an average daily trading volume, of 8,971 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.4% of the company’s shares are sold short.

HSBC Holdings plc ADRhedged Stock Up 0.4%

Shares of HSBC Holdings plc ADRhedged stock traded up $0.38 during trading on Friday, hitting $104.33. The stock had a trading volume of 5,587 shares, compared to its average volume of 6,735. The stock has a 50 day simple moving average of $112.54 and a 200 day simple moving average of $106.67. The company has a market capitalization of $6.26 million, a PE ratio of 17.23 and a beta of 0.47. HSBC Holdings plc ADRhedged has a 1 year low of $71.92 and a 1 year high of $118.30.

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.