HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Short Interest Up 568.6% in July

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,598 shares, a growth of 568.6% from the July 15th total of 239 shares. Currently, 2.7% of the shares of the company are sold short. Based on an average daily volume of 12,193 shares, the short-interest ratio is currently 0.1 days.

HSBC Holdings plc ADRhedged Stock Down 0.0%

Shares of NYSEARCA:HSBH opened at $113.60 on Friday. HSBC Holdings plc ADRhedged has a 52-week low of $69.50 and a 52-week high of $118.30. The stock has a market cap of $6.82 million, a price-to-earnings ratio of 17.23 and a beta of 0.48. The business has a 50-day moving average price of $109.09 and a 200-day moving average price of $101.75.

HSBC Holdings plc ADRhedged Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were issued a $2.1499 dividend. This represents a $8.60 annualized dividend and a yield of 7.6%. The ex-dividend date was Tuesday, June 16th.

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.