Short Interest in Global X Hydrogen ETF (NASDAQ:HYDR) Grows By 59.0%

Posted by Matthew Tipps on Jan 17th, 2025

Global X Hydrogen ETF (NASDAQ:HYDR – Get Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 12,400 shares, a growth of 59.0% from the December 15th total of 7,800 shares. Based on an average daily trading volume, of 25,000 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Global X Hydrogen ETF

An institutional investor recently bought a new position in Global X Hydrogen ETF stock. IHT Wealth Management LLC purchased a new position in Global X Hydrogen ETF (NASDAQ:HYDR – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 20,045 shares of the company’s stock, valued at approximately $512,000. IHT Wealth Management LLC owned about 1.26% of Global X Hydrogen ETF as of its most recent filing with the Securities & Exchange Commission.

Global X Hydrogen ETF Trading Down 2.7 %

NASDAQ:HYDR traded down $0.64 during mid-day trading on Friday, reaching $22.79. 8,659 shares of the stock were exchanged, compared to its average volume of 18,143. The business has a fifty day moving average price of $23.94 and a 200 day moving average price of $24.34. Global X Hydrogen ETF has a 1-year low of $20.17 and a 1-year high of $34.65. The firm has a market capitalization of $34.86 million, a PE ratio of -27.78 and a beta of 1.76.

Global X Hydrogen ETF Announces Dividend

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