Short Interest in Shell plc ADRhedged (NYSEARCA:SHEH) Rises By 559.4%

Shell plc ADRhedged (NYSEARCA:SHEH) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 1,365 shares, a growth of 559.4% from the July 15th total of 207 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,663 shares, the short-interest ratio is presently 0.1 days.

Shell plc ADRhedged Trading Down 0.1%

SHEH stock opened at $64.67 on Friday. The firm’s 50-day moving average is $61.29 and its two-hundred day moving average is $61.80. The company has a market capitalization of $6.47 million, a price-to-earnings ratio of 6.75 and a beta of -0.52. Shell plc ADRhedged has a 52 week low of $50.34 and a 52 week high of $69.49.

Shell plc ADRhedged Announces Dividend

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

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.