Short Interest in HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Expands By 1,157.9%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 239 shares, an increase of 1,157.9% from the June 30th total of 19 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 8,747 shares, the days-to-cover ratio is presently 0.0 days.

HSBC Holdings plc ADRhedged Trading Up 1.4%

Shares of NYSEARCA HSBH traded up $1.58 during trading hours on Friday, reaching $114.25. The stock had a trading volume of 8,220 shares, compared to its average volume of 5,887. The firm has a market cap of $6.86 million, a price-to-earnings ratio of 17.23 and a beta of 0.51. The business’s fifty day moving average price is $106.19 and its two-hundred day moving average price is $99.28. HSBC Holdings plc ADRhedged has a 52-week low of $67.22 and a 52-week high of $114.57.

HSBC Holdings plc ADRhedged Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were issued a dividend of $2.1499 per share. This represents a $8.60 annualized dividend and a yield of 7.5%. The ex-dividend date was Tuesday, June 16th.

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.