Global X Hydrogen ETF (NASDAQ:HYDR) Sees Large Decrease in Short Interest

Global X Hydrogen ETF (NASDAQ:HYDR) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 8,058 shares, a decrease of 44.3% from the January 29th total of 14,471 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 18,737 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 18,737 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Investors Weigh In On Global X Hydrogen ETF

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC grew its position in Global X Hydrogen ETF by 12.5% during the first quarter. Jane Street Group LLC now owns 97,515 shares of the company’s stock valued at $1,662,000 after purchasing an additional 10,806 shares in the last quarter. 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 valued at $679,000 after buying an additional 5,850 shares during the period. Susquehanna International Group LLP purchased a new position in shares of Global X Hydrogen ETF during the 3rd quarter valued at $257,000. Biltmore Family Office LLC acquired a new position in Global X Hydrogen ETF in the 3rd quarter worth about $207,000. Finally, Osaic Holdings Inc. raised its position in Global X Hydrogen ETF by 86.0% during the fourth quarter. Osaic Holdings Inc. now owns 5,718 shares of the company’s stock valued at $182,000 after acquiring an additional 2,643 shares in the last quarter.

Global X Hydrogen ETF Trading Down 2.2%

NASDAQ:HYDR traded down $0.89 during trading hours on Friday, hitting $39.01. 18,648 shares of the stock traded hands, compared to its average volume of 22,199. The firm has a 50 day moving average price of $37.02 and a 200 day moving average price of $35.97. The firm has a market cap of $62.81 million, a price-to-earnings 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.

Global X Hydrogen ETF Announces Dividend

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

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.