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

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

HSBC Holdings plc ADRhedged Stock Performance

HSBH traded up $0.57 during mid-day trading on Friday, reaching $105.15. The stock had a trading volume of 6,090 shares, compared to its average volume of 6,258. The stock has a market capitalization of $6.31 million, a P/E ratio of 17.23 and a beta of 0.54. The firm’s fifty day simple moving average is $99.09 and its two-hundred day simple moving average is $92.45. HSBC Holdings plc ADRhedged has a 52 week low of $63.49 and a 52 week high of $106.45.

HSBC Holdings plc ADRhedged Announces Dividend

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

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.