Short Interest in STMicroelectronics NV ADRhedged (NYSEARCA:STHH) Decreases By 87.9%

STMicroelectronics NV ADRhedged (NYSEARCA:STHHGet Free Report) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 310 shares, a decrease of 87.9% from the June 15th total of 2,569 shares. Approximately 3.1% of the company’s stock are sold short. Based on an average daily trading volume, of 3,903 shares, the days-to-cover ratio is currently 0.1 days.

STMicroelectronics NV ADRhedged Stock Performance

STHH stock traded up $0.27 during midday trading on Friday, hitting $144.58. The company’s stock had a trading volume of 2,902 shares, compared to its average volume of 2,168. The firm has a 50-day simple moving average of $16.44 and a 200-day simple moving average of $10.04. STMicroelectronics NV ADRhedged has a 52-week low of $43.30 and a 52-week high of $162.57.

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 $0.016 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $0.06 dividend on an annualized basis and a yield of 0.0%.

About STMicroelectronics NV ADRhedged

(Get Free Report)

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.

Further Reading

Receive News & Ratings for STMicroelectronics NV ADRhedged Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STMicroelectronics NV ADRhedged and related companies with MarketBeat.com's FREE daily email newsletter.