HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Stock Short Interest Falls 95.9%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the recipient of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 135 shares, a decrease of 95.9% from the October 15th total of 3,259 shares. Based on an average daily volume of 3,953 shares, the short-interest ratio is presently 0.0 days. Currently, 0.2% of the company’s stock are sold short.

HSBC Holdings plc ADRhedged Stock Down 0.0%

Shares of NYSEARCA HSBH traded down $0.03 during midday trading on Wednesday, reaching $100.66. 2,116 shares of the company’s stock traded hands, compared to its average volume of 6,551. The company has a market cap of $3.02 million, a price-to-earnings ratio of 27.01 and a beta of 0.63. HSBC Holdings plc ADRhedged has a one year low of $77.02 and a one year high of $118.30. The stock’s 50 day simple moving average is $106.89 and its 200-day simple moving average is $103.65.

HSBC Holdings plc ADRhedged Company Profile

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.