Shell plc ADRhedged (NYSEARCA:SHEH) Short Interest Down 71.6% in August

Shell plc ADRhedged (NYSEARCA:SHEHGet Free Report) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 388 shares, a decline of 71.6% from the July 30th total of 1,365 shares. Based on an average trading volume of 8,796 shares, the short-interest ratio is currently 0.0 days. Approximately 0.4% of the company’s stock are sold short.

Shell plc ADRhedged Trading Down 0.3%

SHEH stock traded down $0.18 during midday trading on Thursday, hitting $65.33. The company’s stock had a trading volume of 248 shares, compared to its average volume of 6,348. The firm’s 50-day moving average is $62.12 and its 200-day moving average is $62.54. Shell plc ADRhedged has a 12 month low of $50.34 and a 12 month high of $69.49. The company has a market cap of $6.53 million, a PE ratio of 6.75 and a beta of -0.52.

Shell plc ADRhedged Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were issued a dividend of $0.4991 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 16th.

Institutional Investors Weigh In On Shell plc ADRhedged

A hedge fund recently bought a new position in Shell plc ADRhedged stock. Archer Investment Corp bought a new position in Shell plc ADRhedged (NYSEARCA:SHEHFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 491 shares of the company’s stock, valued at approximately $38,000. Archer Investment Corp owned about 0.49% of Shell plc ADRhedged as of its most recent filing with the SEC.

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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