HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Down 34.0% in August

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 155 shares, a drop of 34.0% from the August 15th total of 235 shares. Based on an average trading volume of 5,976 shares, the short-interest ratio is currently 0.0 days. Approximately 0.3% of the company’s shares are sold short.

HSBC Holdings plc ADRhedged Price Performance

HSBH stock traded up $2.40 on Thursday, hitting $113.96. 15,424 shares of the company were exchanged, compared to its average volume of 6,713. The stock has a market capitalization of $19.37 million, a price-to-earnings ratio of 17.23 and a beta of 0.44. HSBC Holdings plc ADRhedged has a twelve month low of $71.92 and a twelve month high of $118.30. The business’s fifty day moving average is $113.14 and its two-hundred day moving average is $104.76.

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.