Global X Hydrogen ETF (NASDAQ:HYDR – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 18,403 shares, a drop of 78.2% from the August 15th total of 84,388 shares. Based on an average daily trading volume, of 32,724 shares, the short-interest ratio is currently 0.6 days. Approximately 0.8% of the company’s stock are sold short.
Hedge Funds Weigh In On Global X Hydrogen ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in HYDR. Jane Street Group LLC raised its holdings 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 worth $1,662,000 after purchasing an additional 10,806 shares in the last quarter. Carlson Financial Inc. grew its position in shares of Global X Hydrogen ETF by 8.2% in the 2nd quarter. Carlson Financial Inc. now owns 24,616 shares of the company’s stock valued at $1,307,000 after buying an additional 1,858 shares during the last quarter. LPL Financial LLC grew its position in shares of Global X Hydrogen ETF by 37.7% in the 4th quarter. LPL Financial LLC now owns 21,352 shares of the company’s stock valued at $679,000 after buying an additional 5,850 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Global X Hydrogen ETF during the 2nd quarter worth $432,000. Finally, Susquehanna International Group LLP acquired a new stake in Global X Hydrogen ETF during the 3rd quarter worth $257,000.
Global X Hydrogen ETF Stock Performance
NASDAQ:HYDR opened at $44.00 on Friday. The stock has a 50-day simple moving average of $43.78 and a 200-day simple moving average of $48.14. The stock has a market cap of $100.32 million, a P/E ratio of -27.78 and a beta of 2.42. Global X Hydrogen ETF has a 1 year low of $27.86 and a 1 year high of $74.80.
Global X Hydrogen ETF Dividend Announcement
Global X Hydrogen ETF Company Profile
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.
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