Short Interest in HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Rises By 6,532.1%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the recipient of a large increase in short interest in the month of 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. Approximately 14.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,190 shares, the short-interest ratio is currently 2.7 days.

HSBC Holdings plc ADRhedged Stock Performance

HSBC Holdings plc ADRhedged stock opened at $105.00 on Friday. The firm has a market cap of $6.30 million, a price-to-earnings ratio of 17.23 and a beta of 0.51. The firm’s 50 day moving average price is $102.77 and its two-hundred day moving average price is $95.90. HSBC Holdings plc ADRhedged has a 1 year low of $64.39 and a 1 year high of $107.66.

HSBC Holdings plc ADRhedged Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were given a $2.1499 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $8.60 dividend on an annualized basis and a dividend yield of 8.2%.

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.