STMicroelectronics NV ADRhedged (NYSEARCA:STHH) Short Interest Up 2,350.0% in August

STMicroelectronics NV ADRhedged (NYSEARCA:STHH) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 245 shares, an increase of 2,350.0% from the August 15th total of 10 shares. Based on an average daily trading volume, of 7,890 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

STMicroelectronics NV ADRhedged Stock Down 1.2%

NYSEARCA:STHH opened at $10.25 on Friday. STMicroelectronics NV ADRhedged has a 52-week low of $4.33 and a 52-week high of $16.26. The stock has a fifty day simple moving average of $11.38 and a 200-day simple moving average of $10.78.

STMicroelectronics NV ADRhedged Cuts Dividend

The firm 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 $0.016 per share. This represents a $0.06 annualized dividend and a yield of 0.6%. The ex-dividend date 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.