Short Interest in Shell plc ADRhedged (NYSEARCA:SHEH) Rises By 1,563.7%

Shell plc ADRhedged (NYSEARCA:SHEHGet Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,455 shares, a growth of 1,563.7% from the August 15th total of 388 shares. Based on an average daily volume of 5,725 shares, the days-to-cover ratio is currently 1.1 days. Approximately 6.5% of the company’s shares are short sold.

Shell plc ADRhedged Stock Performance

Shares of Shell plc ADRhedged stock traded up $0.37 during trading hours on Thursday, hitting $69.25. The company’s stock had a trading volume of 5,452 shares, compared to its average volume of 6,273. The stock has a market cap of $6.92 million, a price-to-earnings ratio of 6.75 and a beta of -0.53. Shell plc ADRhedged has a twelve month low of $50.34 and a twelve month high of $69.79. The firm has a fifty day moving average of $64.05 and a 200-day moving average of $63.28.

Shell plc ADRhedged Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were given a $0.4991 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 2.9%.

Institutional Investors Weigh In On Shell plc ADRhedged

An institutional investor recently bought a new stake in Shell plc ADRhedged stock. Archer Investment Corp purchased a new stake in Shell plc ADRhedged (NYSEARCA:SHEHFree Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 491 shares of the company’s stock, valued at approximately $38,000. Archer Investment Corp owned 0.49% of Shell plc ADRhedged as of its most recent filing with the SEC.

Shell plc ADRhedged Company Profile

(Get Free Report)

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.

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