HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Shares Shorted: Short Interest Up 1,465.8% in September

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,427 shares, a growth of 1,465.8% from the August 31st total of 155 shares. Based on an average trading volume of 6,444 shares, the days-to-cover ratio is currently 0.4 days. Approximately 4.0% of the shares of the stock are short sold.

HSBC Holdings plc ADRhedged Trading Up 0.1%

NYSEARCA:HSBH traded up $0.06 during midday trading on Thursday, hitting $112.09. 1,142 shares of the stock were exchanged, compared to its average volume of 6,758. HSBC Holdings plc ADRhedged has a one year low of $71.92 and a one year high of $118.30. The company has a market capitalization of $6.73 million, a price-to-earnings ratio of 17.23 and a beta of 0.44. The business has a 50-day moving average price of $113.60 and a two-hundred day moving average price of $105.46.

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.