Shell plc ADRhedged (NYSEARCA:SHEH) Short Interest Update

Shell plc ADRhedged (NYSEARCA:SHEH) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,215 shares, an increase of 348.3% from the May 14th total of 271 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 2,857 shares, the days-to-cover ratio is presently 0.4 days.

Shell plc ADRhedged Trading Down 0.3%

Shares of Shell plc ADRhedged stock opened at $62.42 on Friday. Shell plc ADRhedged has a 12-month low of $47.72 and a 12-month high of $69.49. The company has a market cap of $6.24 million, a price-to-earnings ratio of 6.75 and a beta of -0.52. The company’s 50-day moving average price is $63.53 and its 200-day moving average price is $59.42.

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.