Short Interest in Global X Hydrogen ETF (NASDAQ:HYDR) Grows By 59.0%

Posted by Frank Smitson on Jan 17th, 2025

Global X Hydrogen ETF (NASDAQ:HYDR – Get Free Report) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 12,400 shares, an increase of 59.0% from the December 15th total of 7,800 shares. Based on an average trading volume of 25,000 shares, the short-interest ratio is presently 0.5 days.

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 bought a new stake in Global X Hydrogen ETF (NASDAQ:HYDR – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 as of its most recent SEC filing.

Global X Hydrogen ETF Price Performance

HYDR traded down $0.64 during trading hours on Friday, hitting $22.79. 8,659 shares of the stock were exchanged, compared to its average volume of 18,143. Global X Hydrogen ETF has a 12 month low of $20.17 and a 12 month high of $34.65. The stock has a 50-day simple moving average of $23.94 and a 200-day simple moving average of $24.34. The stock has a market cap of $34.86 million, a price-to-earnings ratio of -27.78 and a beta of 1.76.

Global X Hydrogen ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a $0.0916 dividend. The ex-dividend date was Monday, December 30th.