Global X Hydrogen ETF (NASDAQ:HYDR) Sees Large Growth in Short Interest

Global X Hydrogen ETF (NASDAQ:HYDR) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 11,200 shares, an increase of 41.8% from the January 15th total of 7,900 shares. Based on an average trading volume of 23,900 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Global X Hydrogen ETF

Several hedge funds have recently bought and sold shares of the company. Jane Street Group LLC increased its position in Global X Hydrogen ETF by 31.6% in the 4th quarter. Jane Street Group LLC now owns 86,709 shares of the company’s stock valued at $1,997,000 after acquiring an additional 20,812 shares during the period. IHT Wealth Management LLC acquired a new stake in Global X Hydrogen ETF in the third quarter worth about $512,000. Envestnet Asset Management Inc. bought a new position in Global X Hydrogen ETF in the 4th quarter valued at about $275,000. SBI Securities Co. Ltd. acquired a new position in Global X Hydrogen ETF during the 4th quarter valued at about $173,000. Finally, Commonwealth Equity Services LLC raised its position in shares of Global X Hydrogen ETF by 15.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 9,701 shares of the company’s stock worth $223,000 after buying an additional 1,288 shares in the last quarter.

Global X Hydrogen ETF Price Performance

NASDAQ:HYDR opened at $22.00 on Friday. Global X Hydrogen ETF has a 12-month low of $20.06 and a 12-month high of $34.65. The business has a 50 day simple moving average of $23.24 and a 200 day simple moving average of $23.49. The firm has a market capitalization of $33.66 million, a P/E ratio of -27.78 and a beta of 1.76.

Global X Hydrogen ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a dividend of $0.0916 per share. The ex-dividend date of this dividend was Monday, December 30th.

Global X Hydrogen ETF Company Profile