HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Up 254.1% in May

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 131 shares, an increase of 254.1% from the May 14th total of 37 shares. Based on an average daily trading volume, of 4,380 shares, the short-interest ratio is currently 0.0 days. Approximately 0.2% of the shares of the company are short sold.

HSBC Holdings plc ADRhedged Trading Up 2.0%

HSBH traded up $2.09 on Friday, hitting $104.32. 5,566 shares of the stock traded hands, compared to its average volume of 5,959. HSBC Holdings plc ADRhedged has a 52 week low of $63.49 and a 52 week high of $106.69. The firm has a market capitalization of $6.26 million, a PE ratio of 17.23 and a beta of 0.51. The business has a fifty day moving average price of $101.47 and a two-hundred day moving average price of $94.06.

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.