Global X Hydrogen ETF (NASDAQ:HYDR) Short Interest Update

Global X Hydrogen ETF (NASDAQ:HYDR) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 59,556 shares, a growth of 234.1% from the June 30th total of 17,826 shares. Approximately 3.0% of the shares of the company are short sold. Based on an average daily volume of 42,246 shares, the days-to-cover ratio is currently 1.4 days.

Global X Hydrogen ETF Price Performance

Shares of Global X Hydrogen ETF stock traded down $1.32 during trading hours on Monday, reaching $40.70. The company had a trading volume of 91,850 shares, compared to its average volume of 62,731. The firm has a market cap of $84.25 million, a PE ratio of -27.78 and a beta of 2.39. Global X Hydrogen ETF has a one year low of $22.67 and a one year high of $74.80. The business has a fifty day simple moving average of $55.10 and a 200 day simple moving average of $46.87.

Global X Hydrogen ETF Announces Dividend

The business also recently disclosed a 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 was Monday, June 29th.

Institutional Trading of Global X Hydrogen ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. grew its position in Global X Hydrogen ETF by 86.0% in 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. LPL Financial LLC raised its position in Global X Hydrogen ETF by 37.7% during the fourth quarter. LPL Financial LLC now owns 21,352 shares of the company’s stock valued at $679,000 after purchasing an additional 5,850 shares in the last quarter. Jane Street Group LLC raised its position in Global X Hydrogen ETF by 12.5% during the first quarter. Jane Street Group LLC now owns 97,515 shares of the company’s stock valued at $1,662,000 after purchasing an additional 10,806 shares in the last quarter. Susquehanna International Group LLP bought a new stake in Global X Hydrogen ETF during the third quarter worth about $257,000. Finally, Simplex Trading LLC lifted its stake in Global X Hydrogen ETF by 2,048.9% during the fourth 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.

About Global X Hydrogen ETF

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.