Global X Hydrogen ETF (NASDAQ:HYDR) Sees Significant Decrease in Short Interest

Global X Hydrogen ETF (NASDAQ:HYDR) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 8,058 shares, a drop of 44.3% from the January 29th total of 14,471 shares. Based on an average daily trading volume, of 18,737 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 18,737 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Global X Hydrogen ETF

A number of institutional investors and hedge funds have recently made changes to their positions in HYDR. Smithfield Trust Co acquired a new position in Global X Hydrogen ETF in the second quarter valued at $44,000. Simplex Trading LLC raised its holdings in shares of Global X Hydrogen ETF by 2,048.9% in the 4th 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 period. Osaic Holdings Inc. lifted its stake in shares of Global X Hydrogen ETF by 86.0% in the 4th quarter. Osaic Holdings Inc. now owns 5,718 shares of the company’s stock valued at $182,000 after purchasing an additional 2,643 shares in the last quarter. Biltmore Family Office LLC purchased a new stake in shares of Global X Hydrogen ETF during the 3rd quarter worth about $207,000. Finally, Susquehanna International Group LLP acquired a new stake in Global X Hydrogen ETF during the 3rd quarter worth approximately $257,000.

Global X Hydrogen ETF Stock Down 0.5%

Shares of HYDR stock traded down $0.21 during trading hours on Monday, hitting $38.80. 21,701 shares of the company were exchanged, compared to its average volume of 22,185. The firm has a fifty day moving average of $37.11 and a 200 day moving average of $36.23. Global X Hydrogen ETF has a 1 year low of $14.94 and a 1 year high of $47.88. The firm has a market cap of $62.47 million, a PE ratio of -27.78 and a beta of 1.97.

Global X Hydrogen ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were issued a $0.9498 dividend. This represents a dividend yield of 588.0%. The ex-dividend date was Tuesday, December 30th.

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.