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

Global X Hydrogen ETF (NASDAQ:HYDR) was the target of a significant drop in short interest in 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. Currently, 0.5% of the company’s shares are short sold. Currently, 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 Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Simplex Trading LLC grew its holdings in shares of 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 valued at $63,000 after purchasing an additional 1,885 shares in the last quarter. Smithfield Trust Co purchased a new position in Global X Hydrogen ETF in the 2nd quarter valued at approximately $44,000. Osaic Holdings Inc. grew its stake in shares of Global X Hydrogen ETF by 86.0% in the fourth quarter. Osaic Holdings Inc. now owns 5,718 shares of the company’s stock worth $182,000 after acquiring an additional 2,643 shares in the last quarter. LPL Financial LLC grew 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 worth $679,000 after acquiring an additional 5,850 shares in the last quarter. Finally, Biltmore Family Office LLC purchased a new stake in shares of Global X Hydrogen ETF during the third quarter worth $207,000.

Global X Hydrogen ETF Stock Performance

Shares of NASDAQ HYDR traded down $0.89 during trading on Friday, reaching $39.01. The stock had a trading volume of 18,648 shares, compared to its average volume of 22,199. The company has a market cap of $62.81 million, a P/E ratio of -27.78 and a beta of 1.97. Global X Hydrogen ETF has a fifty-two week low of $14.94 and a fifty-two week high of $47.88. The business’s 50-day moving average price is $37.02 and its 200-day moving average price is $36.05.

Global X Hydrogen ETF Dividend Announcement

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

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.