Global X Hydrogen ETF (NASDAQ:HYDR) Shares Down 4.4% – Here’s Why

Global X Hydrogen ETF (NASDAQ:HYDR)’s share price fell 4.4% on Thursday . The stock traded as low as $44.29 and last traded at $44.52. 63,347 shares were traded during trading, an increase of 162% from the average session volume of 24,157 shares. The stock had previously closed at $46.57.

Global X Hydrogen ETF Price Performance

The firm has a market cap of $77.53 million, a P/E ratio of -27.78 and a beta of 1.97. The stock’s 50 day moving average is $37.04 and its two-hundred day moving average is $27.14.

Institutional Trading of Global X Hydrogen ETF

A number of large investors have recently bought and sold shares of HYDR. SBI Securities Co. Ltd. lifted its holdings in shares of Global X Hydrogen ETF by 12.4% during the first quarter. SBI Securities Co. Ltd. now owns 8,451 shares of the company’s stock valued at $144,000 after acquiring an additional 933 shares during the period. Smithfield Trust Co acquired a new stake in shares of Global X Hydrogen ETF during the 2nd quarter worth about $44,000. Biltmore Family Office LLC bought a new position in Global X Hydrogen ETF during the 3rd quarter valued at about $207,000. Finally, Jane Street Group LLC boosted its position in Global X Hydrogen ETF by 12.5% in the first quarter. Jane Street Group LLC now owns 97,515 shares of the company’s stock valued at $1,662,000 after buying an additional 10,806 shares in the last quarter.

About Global X Hydrogen ETF