Global X Hydrogen ETF (NASDAQ:HYDR) Short Interest Up 127.1% in September

Global X Hydrogen ETF (NASDAQ:HYDR) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 35,200 shares, an increase of 127.1% from the August 31st total of 15,500 shares. Based on an average trading volume of 17,800 shares, the days-to-cover ratio is presently 2.0 days.

Global X Hydrogen ETF Stock Performance

NASDAQ HYDR traded up $1.25 on Friday, reaching $25.44. 39,660 shares of the stock traded hands, compared to its average volume of 19,061. Global X Hydrogen ETF has a 12 month low of $22.29 and a 12 month high of $37.45. The company has a market cap of $40.45 million, a price-to-earnings ratio of -27.78 and a beta of 1.76. The company has a fifty day moving average price of $24.55 and a 200-day moving average price of $27.07.

Institutional Trading of Global X Hydrogen ETF

An institutional investor recently bought a new stake in Global X Hydrogen ETF stock. Biltmore Family Office LLC purchased a new position in Global X Hydrogen ETF (NASDAQ:HYDR) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 25,000 shares of the company’s stock, valued at approximately $141,000. Biltmore Family Office LLC owned approximately 0.35% of Global X Hydrogen ETF at the end of the most recent quarter.

About Global X Hydrogen ETF