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

Posted by Stacy Sanders on Feb 16th, 2025

Global X Hydrogen ETF (NASDAQ:HYDR – Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 11,200 shares, an increase of 41.8% from the January 15th total of 7,900 shares. Based on an average daily trading volume, of 23,900 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new stake in shares of Global X Hydrogen ETF during the 4th quarter worth about $173,000. Commonwealth Equity Services LLC raised its position in Global X Hydrogen ETF by 15.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 9,701 shares of the company’s stock valued at $223,000 after acquiring an additional 1,288 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in Global X Hydrogen ETF in the fourth quarter valued at approximately $275,000. IHT Wealth Management LLC acquired a new stake in Global X Hydrogen ETF in the third quarter valued at approximately $512,000. Finally, Jane Street Group LLC grew its position in Global X Hydrogen ETF by 31.6% in the fourth quarter. Jane Street Group LLC now owns 86,709 shares of the company’s stock worth $1,997,000 after acquiring an additional 20,812 shares in the last quarter.

Global X Hydrogen ETF Stock Up 1.1 %

HYDR stock opened at $22.00 on Friday. The company has a 50 day moving average of $23.24 and a two-hundred day moving average of $23.49. Global X Hydrogen ETF has a 12-month low of $20.06 and a 12-month high of $34.65. The company has a market cap of $33.66 million, a price-to-earnings ratio of -27.78 and a beta of 1.76.

Global X Hydrogen ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.0916 per share. The ex-dividend date of this dividend was Monday, December 30th.