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

Global X Hydrogen ETF (NASDAQ:HYDR) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 36,916 shares, a decline of 38.0% from the July 15th total of 59,556 shares. Currently, 1.6% of the company’s shares are short sold. Based on an average daily volume of 74,254 shares, the short-interest ratio is presently 0.5 days.

Global X Hydrogen ETF Stock Up 2.2%

Shares of NASDAQ HYDR opened at $43.85 on Thursday. Global X Hydrogen ETF has a 12 month low of $24.14 and a 12 month high of $74.80. The company has a market cap of $99.98 million, a price-to-earnings ratio of -27.78 and a beta of 2.41. The business has a fifty day simple moving average of $46.98 and a 200-day simple moving average of $47.46.

Global X Hydrogen ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were issued a dividend of $0.3691 per share. The ex-dividend date was Monday, June 29th.

Institutional Trading of Global X Hydrogen ETF

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC boosted its holdings in shares of 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 worth $1,662,000 after buying an additional 10,806 shares during the period. LPL Financial LLC raised its holdings in shares of 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 acquiring an additional 5,850 shares during the period. Susquehanna International Group LLP purchased a new stake in shares of Global X Hydrogen ETF in the 3rd quarter valued at approximately $257,000. Osaic Holdings Inc. lifted its position 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 acquiring an additional 2,643 shares in the last quarter. Finally, Simplex Trading LLC lifted its position 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 valued at $63,000 after acquiring an additional 1,885 shares in 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.