Short Interest in Hyzon Motors Inc. (NASDAQ:HYZN) Grows By 120.1%

Hyzon Motors Inc. (NASDAQ:HYZN) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 348,800 shares, an increase of 120.1% from the December 31st total of 158,500 shares. Approximately 5.0% of the company’s shares are sold short. Based on an average daily volume of 876,600 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Hyzon Motors

A hedge fund recently bought a new stake in Hyzon Motors stock. First Commonwealth Financial Corp PA acquired a new position in Hyzon Motors Inc. (NASDAQ:HYZN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,870 shares of the company’s stock, valued at approximately $26,000. First Commonwealth Financial Corp PA owned about 0.20% of Hyzon Motors as of its most recent SEC filing. Institutional investors own 61.41% of the company’s stock.

Hyzon Motors Stock Up 24.8 %

NASDAQ:HYZN traded up $0.13 on Friday, hitting $0.64. The stock had a trading volume of 7,341,127 shares, compared to its average volume of 384,252. The business’s fifty day moving average is $1.28 and its 200 day moving average is $2.82. The company has a market cap of $4.96 million, a PE ratio of -0.02 and a beta of 2.90. Hyzon Motors has a 52 week low of $0.42 and a 52 week high of $45.00.

About Hyzon Motors

Hyzon Motors Inc supplies hydrogen fuel cell systems for decarbonization applications in various industries. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It also focuses primarily on assembling and converting hydrogen-powered FCEVs; and building and fostering a clean hydrogen supply ecosystem with partners and third parties from feedstock through hydrogen production, dispensing, and financing.