Short Interest in Shell plc ADRhedged (NYSEARCA:SHEH) Declines By 93.3%

by · The Markets Daily

Shell plc ADRhedged (NYSEARCA:SHEH – Get Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 82 shares, a decline of 93.3% from the May 31st total of 1,215 shares. Based on an average daily trading volume, of 3,198 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

Shell plc ADRhedged Stock Performance

Shares of Shell plc ADRhedged stock traded down $0.68 during trading on Friday, hitting $56.38. The company’s stock had a trading volume of 9,495 shares, compared to its average volume of 5,693. Shell plc ADRhedged has a 52 week low of $49.42 and a 52 week high of $69.49. The company has a market capitalization of $5.64 million, a PE ratio of 6.75 and a beta of -0.52. The company has a fifty day simple moving average of $61.96 and a two-hundred day simple moving average of $59.70.

Shell plc ADRhedged Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.4991 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%.

About Shell plc ADRhedged

(Get Free Report)

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.

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