Shell plc ADRhedged (NYSEARCA:SHEH) Short Interest Up 348.3% in May

Shell plc ADRhedged (NYSEARCA:SHEH) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,215 shares, an increase of 348.3% from the May 14th total of 271 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 2,857 shares, the short-interest ratio is presently 0.4 days.

Shell plc ADRhedged Stock Down 0.5%

NYSEARCA:SHEH traded down $0.34 during trading hours on Thursday, reaching $62.60. 6,202 shares of the company’s stock were exchanged, compared to its average volume of 5,819. The firm has a market capitalization of $6.26 million, a price-to-earnings ratio of 6.75 and a beta of -0.52. The company has a 50-day moving average of $63.62 and a 200 day moving average of $59.40. Shell plc ADRhedged has a 1-year low of $47.72 and a 1-year high of $69.49.

Shell plc ADRhedged Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, March 23rd. Investors of record on Monday, March 16th were paid a dividend of $0.7209 per share. The ex-dividend date was Monday, March 16th.

Shell plc ADRhedged Company Profile

The Shell plc ADRhedged (SHEH) is an exchange-traded fund that is based on the Shell plc – Benchmark Price Return index. The fund provides exposure to Shell Plc ADR, while using swaps to hedge daily currency fluctuations. The fund aims to provide the total return performance of Shell Plc, in its local market, to US investors. SHEH was launched on Oct 1, 2024 and is issued by ADRhedged.