HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Up 254.1% in May

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 131 shares, an increase of 254.1% from the May 14th total of 37 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,380 shares, the short-interest ratio is currently 0.0 days.

HSBC Holdings plc ADRhedged Stock Performance

Shares of NYSEARCA HSBH traded up $2.09 during mid-day trading on Friday, hitting $104.32. 5,566 shares of the stock were exchanged, compared to its average volume of 5,959. The company has a market cap of $6.26 million, a P/E ratio of 17.23 and a beta of 0.51. The stock’s fifty day simple moving average is $101.47 and its two-hundred day simple moving average is $94.06. HSBC Holdings plc ADRhedged has a twelve month low of $63.49 and a twelve month high of $106.69.

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.