Short Interest in Shell plc ADRhedged (NYSEARCA:SHEH) Drops By 45.5%

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

Shell plc ADRhedged Stock Up 0.4%

SHEH opened at $63.39 on Thursday. The firm has a 50 day moving average price of $64.16 and a 200-day moving average price of $59.10. Shell plc ADRhedged has a twelve month low of $47.72 and a twelve month high of $69.49. The stock has a market capitalization of $6.34 million, a price-to-earnings ratio of 6.75 and a beta of -0.45.

Shell plc ADRhedged Announces Dividend

The business also recently disclosed 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 of this dividend was Monday, March 16th.

Shell plc ADRhedged Company Profile

(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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