Shell plc ADRhedged (NYSEARCA:SHEH – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,455 shares, an increase of 1,563.7% from the August 15th total of 388 shares. Based on an average daily trading volume, of 5,725 shares, the short-interest ratio is currently 1.1 days. Approximately 6.5% of the shares of the company are sold short.
Shell plc ADRhedged Stock Performance
Shell plc ADRhedged stock traded up $0.36 during trading hours on Friday, reaching $69.61. 513 shares of the stock were exchanged, compared to its average volume of 6,240. The stock has a market cap of $6.96 million, a P/E ratio of 6.75 and a beta of -0.53. Shell plc ADRhedged has a 52-week low of $50.34 and a 52-week high of $69.79. The firm’s 50 day moving average is $64.55 and its 200 day moving average is $63.40.
Shell plc ADRhedged Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were paid a dividend of $0.4991 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, June 16th.
Institutional Investors Weigh In On Shell plc ADRhedged
About Shell plc ADRhedged
The Shell plc ADRhedged (SHEH) is an exchange-traded fund that is based on the Shell plc – Benchmark Price Return index. The fund provides exposure to Shell Plc ADR, while using swaps to hedge daily currency fluctuations. The fund aims to provide the total return performance of Shell Plc, in its local market, to US investors. SHEH was launched on Oct 1, 2024 and is issued by ADRhedged.
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