HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Down 88.6% in May

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 37 shares, a decline of 88.6% from the April 30th total of 325 shares. Based on an average daily volume of 1,896 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are short sold.

HSBC Holdings plc ADRhedged Stock Up 0.5%

NYSEARCA HSBH traded up $0.57 on Friday, hitting $105.15. The stock had a trading volume of 6,090 shares, compared to its average volume of 6,258. HSBC Holdings plc ADRhedged has a one year low of $63.49 and a one year high of $106.45. The stock has a market cap of $6.31 million, a price-to-earnings ratio of 17.23 and a beta of 0.54. The company’s 50-day moving average is $99.09 and its two-hundred day moving average is $92.45.

HSBC Holdings plc ADRhedged Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 23rd. Stockholders of record on Monday, March 16th were paid a $0.3507 dividend. The ex-dividend date of this dividend 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.