HSBC Holdings plc ADRhedged (NYSEARCA:HSBH – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 235 shares, a decrease of 85.3% from the July 30th total of 1,598 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 12,153 shares, the days-to-cover ratio is presently 0.0 days.
HSBC Holdings plc ADRhedged Stock Up 1.1%
Shares of NYSEARCA:HSBH traded up $1.19 during midday trading on Friday, reaching $113.15. 6,885 shares of the company were exchanged, compared to its average volume of 6,694. HSBC Holdings plc ADRhedged has a fifty-two week low of $70.36 and a fifty-two week high of $118.30. The stock has a fifty day simple moving average of $111.09 and a two-hundred day simple moving average of $103.06. The firm has a market cap of $6.79 million, a PE ratio of 17.23 and a beta of 0.48.
HSBC Holdings plc ADRhedged Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were issued a dividend of $2.1499 per share. This represents a $8.60 dividend on an annualized basis 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.
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