HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Down 99.8% in June

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 19 shares, a decline of 99.8% from the June 15th total of 8,688 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,321 shares, the days-to-cover ratio is presently 0.0 days.

HSBC Holdings plc ADRhedged Stock Up 1.2%

HSBH traded up $1.31 during trading on Friday, reaching $109.32. The company had a trading volume of 7,261 shares, compared to its average volume of 5,618. The stock has a market cap of $6.56 million, a P/E ratio of 17.23 and a beta of 0.51. The business has a 50 day simple moving average of $104.06 and a 200-day simple moving average of $97.61. HSBC Holdings plc ADRhedged has a 52 week low of $67.09 and a 52 week high of $109.32.

HSBC Holdings plc ADRhedged Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were paid a $2.1499 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $8.60 annualized dividend and a dividend yield of 7.9%.

HSBC Holdings plc ADRhedged Company Profile

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.