STMicroelectronics NV ADRhedged (NYSEARCA:STHH) Short Interest Up 240.3% in June

STMicroelectronics NV ADRhedged (NYSEARCA:STHH) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,569 shares, a growth of 240.3% from the May 31st total of 755 shares. Currently, 25.7% of the shares of the company are sold short. Based on an average daily volume of 7,298 shares, the short-interest ratio is currently 0.4 days.

STMicroelectronics NV ADRhedged Price Performance

Shares of NYSEARCA STHH opened at $144.32 on Friday. The firm has a fifty day moving average of $128.46 and a 200 day moving average of $84.94. STMicroelectronics NV ADRhedged has a one year low of $43.30 and a one year high of $162.57.

STMicroelectronics NV ADRhedged’s stock is scheduled to split on Friday, July 10th. The 10-1 split was recently announced. The newly issued shares will be issued to shareholders after the market closes on Thursday, July 9th.

STMicroelectronics NV ADRhedged Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were given a dividend of $0.16 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.64 dividend on an annualized basis and a yield of 0.4%.

STMicroelectronics NV ADRhedged Company Profile

The STMicroelectronics NV ADRhedged (STHH) is an exchange-traded fund that mostly invests in information technology equity. The fund provides exposure to STMicroelectronics ADR, while using swaps to hedge daily currency fluctuations. The fund aims to provide the total return performance of STMicroelectronics, in its local market, to US investors. STHH was launched on Mar 13, 2025 and is issued by ADRhedged.