Global X Hydrogen ETF (NASDAQ:HYDR) Short Interest Up 326.0% in March

Global X Hydrogen ETF (NASDAQ:HYDR) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 24,540 shares, an increase of 326.0% from the February 26th total of 5,760 shares. Based on an average daily volume of 28,058 shares, the short-interest ratio is presently 0.9 days. Approximately 1.5% of the shares of the company are short sold. Approximately 1.5% of the shares of the company are short sold. Based on an average daily volume of 28,058 shares, the short-interest ratio is presently 0.9 days.

Global X Hydrogen ETF Stock Down 2.5%

NASDAQ:HYDR opened at $37.34 on Wednesday. Global X Hydrogen ETF has a 12 month low of $14.94 and a 12 month high of $47.88. The company’s 50 day moving average is $38.56 and its 200-day moving average is $37.71. The firm has a market cap of $60.12 million, a price-to-earnings ratio of -27.78 and a beta of 1.97.

Global X Hydrogen ETF Dividend Announcement

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

Institutional Trading of Global X Hydrogen ETF

Hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. increased its position in Global X Hydrogen ETF by 86.0% in the 4th quarter. Osaic Holdings Inc. now owns 5,718 shares of the company’s stock worth $182,000 after buying an additional 2,643 shares during the period. Jane Street Group LLC grew its position in Global X Hydrogen ETF by 185.4% in the 4th quarter. Jane Street Group LLC now owns 17,786 shares of the company’s stock worth $565,000 after purchasing an additional 11,553 shares during the last quarter. Simplex Trading LLC raised its position in shares of 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 valued at $63,000 after buying an additional 1,885 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Global X Hydrogen ETF by 37.7% in the fourth 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 period. Finally, Susquehanna International Group LLP bought a new position in Global X Hydrogen ETF during the third quarter valued at about $257,000.

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.