Shell plc ADRhedged (NYSEARCA:SHEH) Sees Significant Decrease in Short Interest

Shell plc ADRhedged (NYSEARCA:SHEHGet Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 271 shares, a decline of 45.5% from the April 30th total of 497 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 928 shares, the days-to-cover ratio is presently 0.3 days.

Shell plc ADRhedged Trading Up 1.7%

Shares of NYSEARCA SHEH traded up $1.05 during midday trading on Tuesday, reaching $63.13. 210 shares of the stock were exchanged, compared to its average volume of 5,996. The company has a market capitalization of $6.31 million, a P/E ratio of 6.75 and a beta of -0.45. Shell plc ADRhedged has a 52-week low of $47.72 and a 52-week high of $69.49. The stock has a 50 day moving average price of $64.26 and a 200-day moving average price of $59.00.

Shell plc ADRhedged Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, March 23rd. Stockholders of record on Monday, March 16th were issued a dividend of $0.7209 per share. The ex-dividend date was Monday, March 16th.

About Shell plc ADRhedged

(Get Free Report)

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.

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