Short Interest in HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Decreases By 34.0%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 155 shares, a decline of 34.0% from the August 15th total of 235 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 5,976 shares, the short-interest ratio is currently 0.0 days.

HSBC Holdings plc ADRhedged Trading Up 2.2%

Shares of HSBC Holdings plc ADRhedged stock traded up $2.40 during trading hours on Thursday, reaching $113.96. 15,424 shares of the company’s stock were exchanged, compared to its average volume of 6,713. HSBC Holdings plc ADRhedged has a 52-week low of $71.92 and a 52-week high of $118.30. The company has a fifty day moving average of $113.14 and a 200-day moving average of $104.76. The firm has a market capitalization of $19.37 million, a price-to-earnings ratio of 17.23 and a beta of 0.44.

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.