HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Shares Shorted: Short Interest Down 95.9% in October

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

HSBC Holdings plc ADRhedged Stock Performance

HSBH traded up $0.37 during trading on Tuesday, hitting $100.68. The stock had a trading volume of 1,822 shares, compared to its average volume of 6,571. The firm has a market capitalization of $6.04 million, a P/E ratio of 17.23 and a beta of 0.59. HSBC Holdings plc ADRhedged has a twelve month low of $77.02 and a twelve month high of $118.30. The company’s 50-day moving average price is $106.89 and its 200 day moving average price is $103.65.

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.