STMicroelectronics NV ADRhedged (NYSEARCA:STHH) Shares Shorted: Short Interest Down 78.8% in September

STMicroelectronics NV ADRhedged (NYSEARCA:STHH) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 52 shares, a drop of 78.8% from the August 31st total of 245 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,935 shares, the days-to-cover ratio is currently 0.0 days.

STMicroelectronics NV ADRhedged Trading Up 0.7%

NYSEARCA STHH traded up $0.07 during trading on Friday, hitting $10.56. The stock had a trading volume of 8,434 shares, compared to its average volume of 18,149. The company’s 50-day moving average price is $10.60 and its two-hundred day moving average price is $11.03. STMicroelectronics NV ADRhedged has a 12 month low of $4.33 and a 12 month high of $16.26.

STMicroelectronics NV ADRhedged Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 16th were issued a dividend of $0.1187 per share. The ex-dividend date was Wednesday, September 16th. This is a positive change from STMicroelectronics NV ADRhedged’s previous quarterly dividend of $0.0160. This represents a $0.47 annualized dividend and a yield of 4.5%.

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.