Global X Hydrogen ETF (NASDAQ:HYDR) Announces $0.95 Dividend

Global X Hydrogen ETF (NASDAQ:HYDR) announced a dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.9498 per share on Wednesday, January 7th. This represents a dividend yield of 588.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

Global X Hydrogen ETF Stock Down 3.8%

HYDR traded down $1.29 during midday trading on Tuesday, hitting $32.29. 18,711 shares of the company traded hands, compared to its average volume of 24,645. The company’s 50-day moving average is $38.49 and its 200 day moving average is $31.83. Global X Hydrogen ETF has a 52 week low of $14.94 and a 52 week high of $47.88. The firm has a market capitalization of $56.83 million, a PE ratio of -27.78 and a beta of 1.97.

Hedge Funds Weigh In On Global X Hydrogen ETF

Several institutional investors have recently made changes to their positions in HYDR. Smithfield Trust Co bought a new stake in Global X Hydrogen ETF during the second quarter valued at approximately $44,000. Biltmore Family Office LLC purchased a new position in shares of Global X Hydrogen ETF during the 3rd quarter worth $207,000. Susquehanna International Group LLP bought a new stake in shares of Global X Hydrogen ETF during the 3rd quarter valued at $257,000. Finally, Jane Street Group LLC increased its stake in shares of Global X Hydrogen ETF by 12.5% in the 1st quarter. Jane Street Group LLC now owns 97,515 shares of the company’s stock worth $1,662,000 after purchasing an additional 10,806 shares in the last quarter.

About Global X Hydrogen ETF

The Global X Hydrogen ETF (HYDR) is an exchange-traded fund that is based on the Solactive Global Hydrogen index, a modified market-cap-weighted index that provides global exposure to companies positioned to benefit from hydrogen economy. HYDR was launched on Jul 12, 2021 and is managed by Global X.