Toyota Motor Corporation ADRhedged (NYSEARCA:TMH) Sees Significant Drop in Short Interest

Toyota Motor Corporation ADRhedged (NYSEARCA:TMH) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 18 shares, a decrease of 94.1% from the August 15th total of 307 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 344 shares, the days-to-cover ratio is presently 0.1 days.

Toyota Motor Corporation ADRhedged Stock Performance

Toyota Motor Corporation ADRhedged stock traded up $0.47 during mid-day trading on Thursday, reaching $49.39. The company’s stock had a trading volume of 238 shares, compared to its average volume of 556. Toyota Motor Corporation ADRhedged has a 12-month low of $44.94 and a 12-month high of $65.81. The company has a market capitalization of $493,900.00, a P/E ratio of 80.97 and a beta of -0.15. The firm’s fifty day moving average price is $49.84 and its two-hundred day moving average price is $52.45.

Toyota Motor Corporation ADRhedged Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were issued a $2.3745 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This is an increase from Toyota Motor Corporation ADRhedged’s previous quarterly dividend of $0.68. This represents a $9.50 dividend on an annualized basis and a dividend yield of 19.2%. Toyota Motor Corporation ADRhedged’s dividend payout ratio is 1,311.48%.

About Toyota Motor Corporation ADRhedged

The Toyota Motor Corporation ADRhedged (TMH) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides exposure to Toyota Motor Corp. ADR, while using swaps to hedge daily currency fluctuations TMH was launched on Mar 13, 2025 and is issued by ADRhedged.