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HYZON Motors Inc (NASDAQ:HYZNW) Sees Large Decrease in Short Interest

kopsource ·  Apr 22, 2023 12:32

HYZON Motors Inc (NASDAQ:HYZNW – Get Rating) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 43,200 shares, a decrease of 7.9% from the March 15th total of 46,900 shares. Based on an average daily volume of 17,900 shares, the days-to-cover ratio is presently 2.4 days.

HYZON Motors Price Performance

HYZNW stock remained flat at $0.08 on Friday. The company had a trading volume of 698 shares, compared to its average volume of 16,892. HYZON Motors has a 1-year low of $0.02 and a 1-year high of $1.24. The business's 50 day simple moving average is $0.10.

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Hedge Funds Weigh In On HYZON Motors

A hedge fund recently raised its stake in HYZON Motors stock. Shay Capital LLC raised its position in shares of HYZON Motors Inc (NASDAQ:HYZNW – Get Rating) by 16.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 698,028 shares of the company's stock after purchasing an additional 98,648 shares during the quarter. Shay Capital LLC's holdings in HYZON Motors were worth $91,000 as of its most recent SEC filing.

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