HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Update

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 19 shares, a decrease of 99.8% from the June 15th total of 8,688 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,321 shares, the days-to-cover ratio is presently 0.0 days.

HSBC Holdings plc ADRhedged Stock Performance

Shares of NYSEARCA HSBH traded up $1.31 during mid-day trading on Friday, hitting $109.32. 7,261 shares of the stock were exchanged, compared to its average volume of 5,618. HSBC Holdings plc ADRhedged has a twelve month low of $67.09 and a twelve month high of $109.32. The stock’s fifty day simple moving average is $104.06 and its two-hundred day simple moving average is $97.61. The company has a market cap of $6.56 million, a P/E ratio of 17.23 and a beta of 0.51.

HSBC Holdings plc ADRhedged Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were issued a dividend of $2.1499 per share. This represents a $8.60 dividend on an annualized basis and a yield of 7.9%. 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.