HSBC Holdings plc ADRhedged (NYSEARCA:HSBH – Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 239 shares, an increase of 1,157.9% from the June 30th total of 19 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 8,747 shares, the short-interest ratio is currently 0.0 days.
HSBC Holdings plc ADRhedged Trading Up 1.4%
HSBC Holdings plc ADRhedged stock traded up $1.58 during trading on Friday, hitting $114.25. 8,220 shares of the company were exchanged, compared to its average volume of 5,887. The business’s 50 day moving average is $106.19 and its 200 day moving average is $99.28. HSBC Holdings plc ADRhedged has a 52 week low of $67.22 and a 52 week high of $114.57. The company has a market capitalization of $6.86 million, a P/E ratio of 17.23 and a beta of 0.51.
HSBC Holdings plc ADRhedged Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 16th were paid a $2.1499 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $8.60 annualized dividend and a dividend yield of 7.5%.
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.
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