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

STMicroelectronics NV ADRhedged (NYSEARCA:STHH) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 310 shares, a decline of 87.9% from the June 15th total of 2,569 shares. Based on an average daily volume of 3,903 shares, the short-interest ratio is presently 0.1 days. Currently, 3.1% of the shares of the stock are sold short.

STMicroelectronics NV ADRhedged Stock Up 0.2%

Shares of STMicroelectronics NV ADRhedged stock traded up $0.27 on Friday, reaching $144.58. The company’s stock had a trading volume of 2,902 shares, compared to its average volume of 2,168. STMicroelectronics NV ADRhedged has a 52-week low of $43.30 and a 52-week high of $162.57. The stock has a 50-day moving average price of $137.57 and a 200-day moving average price of $90.93.

STMicroelectronics NV ADRhedged Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 16th were paid a $0.016 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.06 dividend on an annualized basis and a yield of 0.0%.

STMicroelectronics NV ADRhedged Company Profile

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.