Global X Hydrogen ETF (NASDAQ:HYDR) Short Interest Update

Global X Hydrogen ETF (NASDAQ:HYDR) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 5,760 shares, a decrease of 28.5% from the February 12th total of 8,058 shares. Based on an average trading volume of 15,348 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 15,348 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Global X Hydrogen ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Smithfield Trust Co bought a new position in Global X Hydrogen ETF in the second quarter worth approximately $44,000. Simplex Trading LLC grew its position in shares of Global X Hydrogen ETF by 2,048.9% during the 4th quarter. Simplex Trading LLC now owns 1,977 shares of the company’s stock valued at $63,000 after acquiring an additional 1,885 shares during the period. Osaic Holdings Inc. increased its stake in shares of Global X Hydrogen ETF by 86.0% in the 4th quarter. Osaic Holdings Inc. now owns 5,718 shares of the company’s stock worth $182,000 after purchasing an additional 2,643 shares in the last quarter. Biltmore Family Office LLC purchased a new stake in shares of Global X Hydrogen ETF in the 3rd quarter worth $207,000. Finally, Susquehanna International Group LLP bought a new position in Global X Hydrogen ETF in the 3rd quarter worth $257,000.

Global X Hydrogen ETF Stock Down 1.4%

Shares of Global X Hydrogen ETF stock traded down $0.56 during trading hours on Friday, reaching $39.16. 17,678 shares of the stock traded hands, compared to its average volume of 23,418. Global X Hydrogen ETF has a one year low of $14.94 and a one year high of $47.88. The firm has a market capitalization of $63.05 million, a price-to-earnings ratio of -27.78 and a beta of 1.97. The company has a 50 day moving average price of $38.13 and a 200 day moving average price of $36.99.

Global X Hydrogen ETF Dividend Announcement

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

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.