Global X Hydrogen ETF (NASDAQ:HYDR) Short Interest Down 78.2% in August

Global X Hydrogen ETF (NASDAQ:HYDR) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 18,403 shares, a drop of 78.2% from the August 15th total of 84,388 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 32,724 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Simplex Trading LLC increased its position in shares of Global X Hydrogen ETF by 2,048.9% during the 4th quarter. Simplex Trading LLC now owns 1,977 shares of the company’s stock worth $63,000 after purchasing an additional 1,885 shares during the last quarter. Osaic Holdings Inc. raised its position in Global X Hydrogen ETF by 86.0% during the fourth quarter. Osaic Holdings Inc. now owns 5,718 shares of the company’s stock worth $182,000 after acquiring an additional 2,643 shares in the last quarter. Susquehanna International Group LLP bought a new stake in Global X Hydrogen ETF during the third quarter worth $257,000. Citadel Advisors LLC acquired a new stake in Global X Hydrogen ETF in the second quarter valued at $432,000. Finally, Jane Street Group LLC lifted its stake in Global X Hydrogen ETF by 185.4% in the fourth quarter. Jane Street Group LLC now owns 17,786 shares of the company’s stock valued at $565,000 after acquiring an additional 11,553 shares during the last quarter.

Global X Hydrogen ETF Price Performance

NASDAQ:HYDR traded up $0.94 on Friday, hitting $44.94. 9,180 shares of the company’s stock were exchanged, compared to its average volume of 60,452. The firm has a 50-day moving average price of $43.67 and a 200-day moving average price of $48.12. Global X Hydrogen ETF has a 52 week low of $28.27 and a 52 week high of $74.80. The company has a market cap of $102.46 million, a P/E ratio of -27.78 and a beta of 2.42.

Global X Hydrogen ETF Dividend Announcement

The business also recently announced a semiannual dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were given a $0.3691 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a dividend yield of 146.0%.

Global X Hydrogen ETF Company Profile

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.