STMicroelectronics NV ADRhedged (NYSEARCA:STHH) Short Interest Up 240.3% in June

STMicroelectronics NV ADRhedged (NYSEARCA:STHH) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,569 shares, a growth of 240.3% from the May 31st total of 755 shares. Approximately 25.7% of the shares of the company are sold short. Based on an average trading volume of 7,298 shares, the short-interest ratio is presently 0.4 days.

STMicroelectronics NV ADRhedged Stock Performance

Shares of STHH stock traded up $5.73 during trading hours on Monday, reaching $150.05. The company had a trading volume of 1,115 shares, compared to its average volume of 2,012. The business has a fifty day moving average price of $128.46 and a 200-day moving average price of $85.17. STMicroelectronics NV ADRhedged has a one year low of $43.30 and a one year high of $162.57.

STMicroelectronics NV ADRhedged’s stock is going to split before the market opens on Friday, July 10th. The 10-1 split was recently announced. The newly created shares will be payable to shareholders after the market closes on Thursday, July 9th.

STMicroelectronics NV ADRhedged Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were issued a $0.16 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $0.64 annualized dividend and a yield of 0.4%.

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.