Arm Holdings PLC ADRhedged (NYSEARCA:ARMH) Sees Large Decline in Short Interest

Arm Holdings PLC ADRhedged (NYSEARCA:ARMH) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 237 shares, a drop of 79.5% from the May 31st total of 1,154 shares. Based on an average trading volume of 5,381 shares, the days-to-cover ratio is presently 0.0 days. Currently, 2.4% of the shares of the company are sold short.

Arm Holdings PLC ADRhedged Trading Down 3.4%

NYSEARCA ARMH traded down $4.98 during trading on Friday, reaching $143.41. The company’s stock had a trading volume of 5,121 shares, compared to its average volume of 3,245. The firm has a market capitalization of $1.43 million, a price-to-earnings ratio of 126.91 and a beta of 2.54. Arm Holdings PLC ADRhedged has a 12 month low of $42.85 and a 12 month high of $190.61. The firm has a 50 day moving average price of $122.59 and a 200 day moving average price of $77.30.

Shares of Arm Holdings PLC ADRhedged are going to split before the market opens on Friday, July 10th. The 10-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Thursday, July 9th.

Arm Holdings PLC ADRhedged Company Profile

The Arm Holdings PLC ADRhedged (ARMH) is an exchange-traded fund that is based on the ARM Holdings PLC Sponsored ADR index. The fund provides exposure to Arm Holdings ADR, while using swaps to hedge daily currency fluctuations. The fund aims to provide the total return performance of Arm Holdings Plc, in its local market, to US investors. ARMH was launched on Mar 13, 2025 and is issued by ADRhedged.