Shell plc ADRhedged (NYSEARCA:SHEH) Stock Short Interest Report for September

Shell plc ADRhedged (NYSEARCA:SHEH) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 338 shares, a drop of 92.6% from the September 15th total of 4,544 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 7,493 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Shell plc ADRhedged

A hedge fund recently bought a new stake in Shell plc ADRhedged stock. Archer Investment Corp acquired a new position in Shell plc ADRhedged (NYSEARCA:SHEH) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 491 shares of the company’s stock, valued at approximately $38,000. Archer Investment Corp owned 0.49% of Shell plc ADRhedged at the end of the most recent reporting period.

Shell plc ADRhedged Stock Performance

Shares of NYSEARCA SHEH traded down $0.07 during trading on Friday, reaching $73.55. The stock had a trading volume of 5,937 shares, compared to its average volume of 6,277. Shell plc ADRhedged has a one year low of $50.34 and a one year high of $74.34. The stock has a market cap of $7.36 million, a PE ratio of 6.75 and a beta of -0.55. The firm’s 50 day moving average price is $67.97 and its two-hundred day moving average price is $64.46.

Shell plc ADRhedged Company Profile

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.