Next Hydrogen Solutions Inc. (OTCMKTS:NXHSF) Sees Large Drop in Short Interest

Next Hydrogen Solutions Inc. (OTCMKTS:NXHSF) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 411 shares, a decrease of 82.3% from the August 31st total of 2,321 shares. Based on an average daily volume of 18,998 shares, the days-to-cover ratio is currently 0.0 days.

Next Hydrogen Solutions Trading Up 2.0%

OTCMKTS NXHSF traded up $0.01 during mid-day trading on Friday, hitting $0.32. The company’s stock had a trading volume of 3,000 shares, compared to its average volume of 4,979. Next Hydrogen Solutions has a 52-week low of $0.11 and a 52-week high of $0.63. The stock’s fifty day simple moving average is $0.30 and its two-hundred day simple moving average is $0.37.

About Next Hydrogen Solutions

Next Hydrogen Solutions Inc is a Canadian clean-technology company that designs and develops water electrolyzers for the production of green hydrogen. Its systems use electricity to separate water into hydrogen and oxygen, allowing hydrogen to be produced without relying on fossil fuels when powered by renewable energy.

The company’s product portfolio includes electrolyzer technologies intended for industrial applications, energy storage, and transportation. Its systems are designed to support the integration of renewable power and the decarbonization of sectors that can be difficult to electrify directly, including heavy industry and mobility.

Next Hydrogen is headquartered in Ontario, Canada, and serves customers and project developers in markets pursuing low-carbon hydrogen production.