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

Global X Hydrogen ETF (NASDAQ:HYDRGet Free Report) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 9,435 shares, an increase of 39.6% from the December 31st total of 6,759 shares. Based on an average trading volume of 19,747 shares, the short-interest ratio is currently 0.5 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 19,747 shares, the short-interest ratio is currently 0.5 days.

Global X Hydrogen ETF Price Performance

HYDR opened at $37.37 on Tuesday. The stock has a market capitalization of $58.67 million, a P/E ratio of -27.78 and a beta of 1.97. The company’s 50 day simple moving average is $36.25 and its 200-day simple moving average is $34.31. Global X Hydrogen ETF has a one year low of $14.94 and a one year high of $47.88.

Global X Hydrogen ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were paid a $0.9498 dividend. This represents a dividend yield of 588.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Hedge Funds Weigh In On Global X Hydrogen ETF

Large investors have recently made changes to their positions in the company. Jane Street Group LLC boosted its holdings in Global X Hydrogen ETF by 12.5% in the first quarter. Jane Street Group LLC now owns 97,515 shares of the company’s stock valued at $1,662,000 after acquiring an additional 10,806 shares during the last quarter. Susquehanna International Group LLP acquired a new position in Global X Hydrogen ETF during the 3rd quarter valued at about $257,000. Biltmore Family Office LLC acquired a new position in Global X Hydrogen ETF during the 3rd quarter valued at about $207,000. Finally, Smithfield Trust Co bought a new position in shares of Global X Hydrogen ETF in the 2nd quarter valued at about $44,000.

About Global X Hydrogen ETF

(Get Free Report)

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.

Further Reading

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