Shell plc ADRhedged (NYSEARCA:SHEH) Short Interest Up 348.3% in May

Shell plc ADRhedged (NYSEARCA:SHEH) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 1,215 shares, a growth of 348.3% from the May 14th total of 271 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 2,857 shares, the days-to-cover ratio is presently 0.4 days.

Shell plc ADRhedged Price Performance

NYSEARCA SHEH opened at $62.42 on Friday. Shell plc ADRhedged has a 1 year low of $47.72 and a 1 year high of $69.49. The stock has a market capitalization of $6.24 million, a PE ratio of 6.75 and a beta of -0.52. The company’s 50 day simple moving average is $63.53 and its two-hundred day simple moving average is $59.42.

Shell plc ADRhedged Company Profile

The Shell plc ADRhedged (SHEH) is an exchange-traded fund that is based on the Shell plc – Benchmark Price Return index. The fund provides exposure to Shell Plc ADR, while using swaps to hedge daily currency fluctuations. The fund aims to provide the total return performance of Shell Plc, in its local market, to US investors. SHEH was launched on Oct 1, 2024 and is issued by ADRhedged.