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

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 8,688 shares, an increase of 6,532.1% from the May 31st total of 131 shares. Based on an average trading volume of 3,190 shares, the days-to-cover ratio is presently 2.7 days. Currently, 14.5% of the company’s stock are short sold.

HSBC Holdings plc ADRhedged Stock Up 1.0%

HSBH stock traded up $1.01 during mid-day trading on Thursday, reaching $106.37. 218 shares of the company traded hands, compared to its average volume of 5,691. The stock has a market cap of $6.38 million, a price-to-earnings ratio of 17.23 and a beta of 0.51. HSBC Holdings plc ADRhedged has a fifty-two week low of $64.39 and a fifty-two week high of $107.66. The firm’s 50 day moving average price is $102.69 and its 200 day moving average price is $95.84.

HSBC Holdings plc ADRhedged Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were issued a $2.1499 dividend. This represents a $8.60 dividend on an annualized basis and a dividend yield of 8.1%. 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.