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

Global X Hydrogen ETF (NASDAQ:HYDR) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 7,800 shares, an increase of 5.4% from the November 30th total of 7,400 shares. Based on an average daily trading volume, of 23,800 shares, the days-to-cover ratio is currently 0.3 days.

Global X Hydrogen ETF Stock Up 5.5 %

Shares of NASDAQ HYDR opened at $24.30 on Friday. The firm’s 50-day moving average price is $23.48 and its 200-day moving average price is $24.54. Global X Hydrogen ETF has a 52-week low of $20.17 and a 52-week high of $34.65. The company has a market cap of $38.64 million, a PE ratio of -27.78 and a beta of 1.76.

Global X Hydrogen ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, January 7th. Investors of record on Monday, December 30th will be issued a $0.0916 dividend. The ex-dividend date of this dividend is Monday, December 30th.

Institutional Investors Weigh In On Global X Hydrogen ETF

A hedge fund recently bought a new stake in Global X Hydrogen ETF stock. IHT Wealth Management LLC acquired a new stake in shares of Global X Hydrogen ETF (NASDAQ:HYDR) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 20,045 shares of the company’s stock, valued at approximately $512,000. IHT Wealth Management LLC owned 1.26% of Global X Hydrogen ETF at the end of the most recent reporting period.

About Global X Hydrogen ETF