Global X Hydrogen ETF (NASDAQ:HYDR) Short Interest Down 13.1% in March

Global X Hydrogen ETF (NASDAQ:HYDR) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 11,300 shares, a decline of 13.1% from the February 28th total of 13,000 shares. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.7% of the company’s stock are short sold.

Institutional Investors Weigh In On Global X Hydrogen ETF

A number of institutional investors have recently modified their holdings of HYDR. IHT Wealth Management LLC bought a new position in Global X Hydrogen ETF in the 3rd quarter worth about $512,000. SBI Securities Co. Ltd. bought a new position in shares of Global X Hydrogen ETF in the fourth quarter worth approximately $173,000. Commonwealth Equity Services LLC grew its holdings in shares of Global X Hydrogen ETF by 15.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 9,701 shares of the company’s stock valued at $223,000 after buying an additional 1,288 shares during the last quarter. Envestnet Asset Management Inc. bought a new stake in shares of Global X Hydrogen ETF during the fourth quarter valued at approximately $275,000. Finally, Jane Street Group LLC raised its holdings in Global X Hydrogen ETF by 31.6% in the 4th quarter. Jane Street Group LLC now owns 86,709 shares of the company’s stock worth $1,997,000 after acquiring an additional 20,812 shares during the last quarter.

Global X Hydrogen ETF Stock Up 2.4 %

Global X Hydrogen ETF stock opened at $17.45 on Wednesday. The stock’s 50 day moving average is $20.42 and its 200 day moving average is $22.47. The company has a market capitalization of $26.70 million, a P/E ratio of -27.78 and a beta of 1.76. Global X Hydrogen ETF has a twelve month low of $16.68 and a twelve month high of $34.65.

About Global X Hydrogen ETF