Hyzon Motors Inc. (NASDAQ:HYZNW) Short Interest Update

Hyzon Motors Inc. (NASDAQ:HYZNW) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,200 shares, a growth of 147.6% from the February 29th total of 2,100 shares. Based on an average daily volume of 18,700 shares, the days-to-cover ratio is currently 0.3 days.

Hyzon Motors Price Performance

Hyzon Motors stock traded up $0.00 during trading on Thursday, reaching $0.05. The company had a trading volume of 11,340 shares, compared to its average volume of 18,057. The firm’s 50-day simple moving average is $0.03 and its 200 day simple moving average is $0.04. Hyzon Motors has a 1-year low of $0.01 and a 1-year high of $0.19.

Institutional Investors Weigh In On Hyzon Motors

A hedge fund recently raised its stake in Hyzon Motors stock. Shay Capital LLC lifted its stake in shares of Hyzon Motors Inc. (NASDAQ:HYZNW) by 20.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 833,106 shares of the company’s stock after acquiring an additional 139,690 shares during the period. Shay Capital LLC’s holdings in Hyzon Motors were worth $34,000 as of its most recent filing with the Securities & Exchange Commission.

About Hyzon Motors

Hyzon Motors Inc provides decarbonized solutions for commercial vehicle market and hydrogen supply infrastructure. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It focuses primarily on assembling and converting hydrogen-powered FCEVs; and building and fostering a clean hydrogen supply ecosystem with partners and third parties from feedstock through hydrogen production, dispensing, and financing.