STMicroelectronics NV ADRhedged (NYSEARCA:STHH) Sees Large Decline in Short Interest

STMicroelectronics NV ADRhedged (NYSEARCA:STHH) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 310 shares, a decline of 87.9% from the June 15th total of 2,569 shares. Based on an average daily trading volume, of 3,903 shares, the short-interest ratio is presently 0.1 days. Approximately 3.1% of the company’s stock are short sold.

STMicroelectronics NV ADRhedged Trading Up 0.2%

NYSEARCA:STHH traded up $0.27 during midday trading on Friday, reaching $144.58. 2,902 shares of the stock traded hands, compared to its average volume of 2,168. STMicroelectronics NV ADRhedged has a 12-month low of $43.30 and a 12-month high of $162.57. The business has a 50-day moving average of $137.57 and a two-hundred day moving average of $90.93.

STMicroelectronics NV ADRhedged Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were issued a dividend of $0.016 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.06 annualized dividend and a dividend yield of 0.0%.

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.