HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Update

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 19 shares, a decrease of 99.8% from the June 15th total of 8,688 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,321 shares, the days-to-cover ratio is currently 0.0 days.

HSBC Holdings plc ADRhedged Price Performance

Shares of NYSEARCA HSBH traded up $1.31 during mid-day trading on Friday, hitting $109.32. The company had a trading volume of 7,261 shares, compared to its average volume of 5,618. The stock has a market cap of $6.56 million, a price-to-earnings ratio of 17.23 and a beta of 0.51. HSBC Holdings plc ADRhedged has a 12 month low of $67.09 and a 12 month high of $109.32. The firm’s 50 day simple moving average is $104.06 and its two-hundred day simple moving average is $97.61.

HSBC Holdings plc ADRhedged Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were given a $2.1499 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $8.60 annualized dividend and a yield of 7.9%.

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.