HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Shares Shorted: Short Interest Up 1,465.8% in September

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 2,427 shares, a growth of 1,465.8% from the August 31st total of 155 shares. Currently, 4.0% of the company’s stock are short sold. Based on an average daily trading volume, of 6,444 shares, the days-to-cover ratio is presently 0.4 days.

HSBC Holdings plc ADRhedged Price Performance

Shares of NYSEARCA HSBH opened at $112.88 on Friday. The company has a market capitalization of $6.77 million, a price-to-earnings ratio of 17.23 and a beta of 0.44. HSBC Holdings plc ADRhedged has a 1 year low of $71.92 and a 1 year high of $118.30. The business has a 50-day moving average of $113.65 and a two-hundred day moving average of $105.51.

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.