Short Interest in HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Expands By 1,157.9%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 239 shares, an increase of 1,157.9% from the June 30th total of 19 shares. Based on an average trading volume of 8,747 shares, the short-interest ratio is currently 0.0 days. Currently, 0.4% of the shares of the company are sold short.

HSBC Holdings plc ADRhedged Stock Up 1.4%

Shares of HSBC Holdings plc ADRhedged stock traded up $1.58 on Friday, reaching $114.25. 8,220 shares of the stock were exchanged, compared to its average volume of 5,887. HSBC Holdings plc ADRhedged has a twelve month low of $67.22 and a twelve month high of $114.57. The business has a 50 day moving average price of $106.19 and a two-hundred day moving average price of $99.28. The firm has a market capitalization of $6.86 million, a price-to-earnings ratio of 17.23 and a beta of 0.51.

HSBC Holdings plc ADRhedged Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were issued a $2.1499 dividend. This represents a $8.60 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend was Tuesday, June 16th.

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.