Global X Hydrogen ETF (NASDAQ:HYDR) Short Interest Up 128.6% in August

Global X Hydrogen ETF (NASDAQ:HYDR) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 84,388 shares, a growth of 128.6% from the July 30th total of 36,916 shares. Based on an average trading volume of 35,500 shares, the days-to-cover ratio is presently 2.4 days. Approximately 3.7% of the company’s shares are sold short.

Institutional Trading of Global X Hydrogen ETF

Institutional investors have recently made changes to their positions in the business. 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 valued at $63,000 after purchasing an additional 1,885 shares in the last quarter. Osaic Holdings Inc. lifted its position in Global X Hydrogen ETF by 86.0% during 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 in the last quarter. Susquehanna International Group LLP acquired a new position in shares of Global X Hydrogen ETF during the 3rd quarter worth about $257,000. Jane Street Group LLC boosted its stake in shares of Global X Hydrogen ETF by 185.4% during the 4th quarter. Jane Street Group LLC now owns 17,786 shares of the company’s stock worth $565,000 after buying an additional 11,553 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of Global X Hydrogen ETF by 37.7% during the 4th quarter. LPL Financial LLC now owns 21,352 shares of the company’s stock worth $679,000 after buying an additional 5,850 shares during the last quarter.

Global X Hydrogen ETF Stock Performance

HYDR stock traded down $0.75 during midday trading on Friday, hitting $43.40. 21,170 shares of the company’s stock were exchanged, compared to its average volume of 59,762. Global X Hydrogen ETF has a one year low of $25.00 and a one year high of $74.80. The company has a market cap of $98.95 million, a PE ratio of -27.78 and a beta of 2.41. The stock’s fifty day moving average price is $45.50 and its 200-day moving average price is $47.72.

Global X Hydrogen ETF Announces Dividend

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

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.