STMicroelectronics NV ADRhedged (NYSEARCA:STHH) Sees Large Decline in Short Interest

STMicroelectronics NV ADRhedged (NYSEARCA:STHH) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 170 shares, a decline of 65.4% from the July 15th total of 491 shares. Based on an average trading volume of 19,112 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

STMicroelectronics NV ADRhedged Price Performance

NYSEARCA STHH traded up $0.03 during mid-day trading on Friday, reaching $10.98. The stock had a trading volume of 2,669 shares, compared to its average volume of 20,283. The company has a fifty day moving average price of $13.23 and a 200 day moving average price of $10.19. STMicroelectronics NV ADRhedged has a 1 year low of $4.33 and a 1 year high of $16.26.

STMicroelectronics NV ADRhedged Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were given a $0.016 dividend. This represents a $0.06 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, June 16th.

About STMicroelectronics NV ADRhedged

The STMicroelectronics NV ADRhedged (STHH) is an exchange-traded fund that mostly invests in information technology equity. The fund provides exposure to STMicroelectronics ADR, while using swaps to hedge daily currency fluctuations. The fund aims to provide the total return performance of STMicroelectronics, in its local market, to US investors. STHH was launched on Mar 13, 2025 and is issued by ADRhedged.