Global X Hydrogen ETF (NASDAQ:HYDR) Short Interest Down 13.6% in March

Global X Hydrogen ETF (NASDAQ:HYDR) saw a significant decline in short interest in March. As of March 31st, there was short interest totaling 21,198 shares, a decline of 13.6% from the March 15th total of 24,540 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average trading volume of 21,410 shares, the short-interest ratio is presently 1.0 days.

Global X Hydrogen ETF Stock Up 3.3%

HYDR stock opened at $47.04 on Friday. The company has a market capitalization of $75.73 million, a price-to-earnings ratio of -27.78 and a beta of 1.98. Global X Hydrogen ETF has a 12 month low of $15.49 and a 12 month high of $47.95. The firm has a 50 day moving average of $38.86 and a two-hundred day moving average of $38.64.

Institutional Trading of Global X Hydrogen ETF

Several large investors have recently added to or reduced their stakes in HYDR. Jane Street Group LLC grew 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 worth $1,662,000 after acquiring an additional 10,806 shares in the last quarter. Biltmore Family Office LLC bought a new stake in Global X Hydrogen ETF in the third quarter worth approximately $207,000. Susquehanna International Group LLP bought a new stake in Global X Hydrogen ETF in the third quarter worth approximately $257,000. LPL Financial LLC grew its position in Global X Hydrogen ETF by 37.7% in the fourth quarter. LPL Financial LLC now owns 21,352 shares of the company’s stock worth $679,000 after acquiring an additional 5,850 shares in the last quarter. Finally, Simplex Trading LLC grew its position in Global X Hydrogen ETF by 2,048.9% in the fourth quarter. Simplex Trading LLC now owns 1,977 shares of the company’s stock worth $63,000 after acquiring an additional 1,885 shares in the last quarter.

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.