Short Interest in HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Rises By 111.0%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 325 shares, a growth of 111.0% from the April 15th total of 154 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 1,766 shares, the days-to-cover ratio is currently 0.2 days.

HSBC Holdings plc ADRhedged Stock Down 1.3%

NYSEARCA:HSBH traded down $1.34 on Friday, hitting $100.52. The stock had a trading volume of 448 shares, compared to its average volume of 6,445. The stock has a market cap of $6.03 million, a price-to-earnings ratio of 17.23 and a beta of 0.54. The company has a fifty day moving average price of $96.89 and a two-hundred day moving average price of $90.83. HSBC Holdings plc ADRhedged has a 1-year low of $63.49 and a 1-year high of $103.32.

HSBC Holdings plc ADRhedged Announces Dividend

The company also recently announced a dividend, which was paid on Monday, March 23rd. Shareholders of record on Monday, March 16th were issued a $0.3507 dividend. The ex-dividend date was Monday, March 16th.

HSBC Holdings plc ADRhedged Company Profile

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.