Shell plc ADRhedged (NYSEARCA:SHEH) Short Interest Update

Shell plc ADRhedged (NYSEARCA:SHEH) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 207 shares, an increase of 567.7% from the June 30th total of 31 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 9,207 shares, the days-to-cover ratio is presently 0.0 days.

Shell plc ADRhedged Stock Performance

Shares of NYSEARCA SHEH traded up $0.30 during midday trading on Friday, hitting $64.25. 5,518 shares of the company traded hands, compared to its average volume of 5,874. The stock has a 50-day moving average price of $60.75 and a 200 day moving average price of $60.64. The firm has a market cap of $6.42 million, a P/E ratio of 6.75 and a beta of -0.45. Shell plc ADRhedged has a 12-month low of $50.34 and a 12-month high of $69.49.

Shell plc ADRhedged Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were given a dividend of $0.4991 per share. The ex-dividend date was Tuesday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 3.1%.

About Shell plc ADRhedged

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.