Shell plc ADRhedged (NYSEARCA:SHEH) Short Interest Up 348.3% in May

Shell plc ADRhedged (NYSEARCA:SHEH) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,215 shares, an increase of 348.3% from the May 14th total of 271 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 2,857 shares, the days-to-cover ratio is currently 0.4 days.

Shell plc ADRhedged Stock Performance

Shell plc ADRhedged stock traded down $0.34 during trading hours on Thursday, reaching $62.60. 6,202 shares of the stock were exchanged, compared to its average volume of 5,819. The stock has a market cap of $6.26 million, a P/E ratio of 6.75 and a beta of -0.52. Shell plc ADRhedged has a 52-week low of $47.72 and a 52-week high of $69.49. The firm’s 50 day moving average is $63.62 and its 200 day moving average is $59.40.

Shell plc ADRhedged Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 23rd. Shareholders of record on Monday, March 16th were given a dividend of $0.7209 per share. The ex-dividend date was Monday, March 16th.

Shell plc ADRhedged Company Profile

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.