Short Interest in Global X Hydrogen ETF (NASDAQ:HYDR) Increases By 222.8%

Global X Hydrogen ETF (NASDAQ:HYDR) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 18,400 shares, an increase of 222.8% from the September 30th total of 5,700 shares. Based on an average trading volume of 15,100 shares, the short-interest ratio is presently 1.2 days.

Global X Hydrogen ETF Price Performance

Shares of NASDAQ HYDR traded up $0.05 during midday trading on Friday, reaching $21.90. 10,831 shares of the company traded hands, compared to its average volume of 18,463. The stock has a 50-day moving average price of $23.67 and a 200 day moving average price of $26.41. The company has a market cap of $34.82 million, a price-to-earnings ratio of -27.78 and a beta of 1.76. Global X Hydrogen ETF has a 52 week low of $21.77 and a 52 week high of $35.60.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Global X Hydrogen ETF stock. Biltmore Family Office LLC bought a new position in Global X Hydrogen ETF (NASDAQ:HYDR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $141,000. Biltmore Family Office LLC owned about 0.35% of Global X Hydrogen ETF at the end of the most recent reporting period.

Global X Hydrogen ETF Company Profile