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

Global X Hydrogen ETF (NASDAQ:HYDR) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 11,200 shares, a growth 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 Investors Weigh In On Global X Hydrogen ETF

Several large investors have recently made changes to their positions in HYDR. IHT Wealth Management LLC bought a new stake in shares of Global X Hydrogen ETF during the third quarter worth $512,000. Envestnet Asset Management Inc. bought a new position in Global X Hydrogen ETF in the fourth quarter valued at $275,000. SBI Securities Co. Ltd. bought a new position in Global X Hydrogen ETF in the fourth quarter valued at $173,000. Finally, Commonwealth Equity Services LLC grew its position in Global X Hydrogen ETF by 15.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 9,701 shares of the company’s stock valued at $223,000 after purchasing an additional 1,288 shares in the last quarter.

Global X Hydrogen ETF Stock Up 4.6 %

Shares of HYDR stock opened at $21.86 on Friday. The firm has a fifty day moving average of $23.37 and a 200-day moving average of $23.55. Global X Hydrogen ETF has a 12-month low of $20.06 and a 12-month high of $34.65. The company has a market capitalization of $33.44 million, a price-to-earnings ratio of -27.78 and a beta of 1.76.

Global X Hydrogen ETF Dividend Announcement

The business also recently disclosed 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 was Monday, December 30th.

About Global X Hydrogen ETF