Hyzon Motors Inc. (NASDAQ:HYZN – Get Free Report) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 348,800 shares, a growth of 120.1% from the December 15th total of 158,500 shares. Approximately 5.0% of the company’s stock are short sold. Based on an average trading volume of 876,600 shares, the short-interest ratio is currently 0.4 days.
Hyzon Motors Trading Up 0.1 %
NASDAQ HYZN traded up $0.00 during trading hours on Thursday, reaching $0.89. 165,276 shares of the company traded hands, compared to its average volume of 268,967. The company has a 50 day moving average of $1.47 and a two-hundred day moving average of $3.91. The stock has a market capitalization of $6.92 million, a PE ratio of -0.03 and a beta of 2.90. Hyzon Motors has a 12 month low of $0.86 and a 12 month high of $45.00.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Hyzon Motors stock. Victory Capital Management Inc. lifted its holdings in Hyzon Motors Inc. (NASDAQ:HYZN – Free Report) by 48.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 25,199 shares of the company’s stock after buying an additional 8,173 shares during the quarter. Victory Capital Management Inc. owned approximately 0.46% of Hyzon Motors worth $61,000 as of its most recent filing with the SEC. 61.41% of the stock is owned by institutional investors and hedge funds.
Hyzon Motors Company Profile
Hyzon Motors Inc supplies hydrogen fuel cell systems for decarbonization applications in various industries. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It also 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.
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