Short Interest in HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) Expands By 254.1%

HSBC Holdings plc ADRhedged (NYSEARCA:HSBH) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 131 shares, a growth of 254.1% from the May 14th total of 37 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 4,380 shares, the days-to-cover ratio is currently 0.0 days.

HSBC Holdings plc ADRhedged Trading Up 2.0%

HSBH stock traded up $2.09 during midday trading on Friday, hitting $104.32. The company’s stock had a trading volume of 5,566 shares, compared to its average volume of 5,959. The company has a market cap of $6.26 million, a PE ratio of 17.23 and a beta of 0.51. HSBC Holdings plc ADRhedged has a 12 month low of $63.49 and a 12 month high of $106.69. The firm’s 50-day moving average is $101.47 and its 200-day moving average is $94.06.

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.