Short Interest in GSK plc ADRhedged (NYSEARCA:GSKH) Drops By 91.7%

GSK plc ADRhedged (NYSEARCA:GSKH) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 1 shares, a drop of 91.7% from the July 15th total of 12 shares. Based on an average daily volume of 514 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

GSK plc ADRhedged Price Performance

Shares of GSK plc ADRhedged stock traded down $1.49 on Tuesday, reaching $70.39. The stock had a trading volume of 108 shares, compared to its average volume of 508. The business’s 50-day moving average price is $72.63 and its two-hundred day moving average price is $74.95. GSK plc ADRhedged has a fifty-two week low of $52.97 and a fifty-two week high of $85.03.

GSK plc ADRhedged Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were given a dividend of $0.9278 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $3.71 dividend on an annualized basis and a yield of 5.3%. This is a positive change from GSK plc ADRhedged’s previous quarterly dividend of $0.36.