Hyzon Motors Inc. (NASDAQ:HYZN) Sees Large Growth in Short Interest

Hyzon Motors Inc. (NASDAQ:HYZN – Get Rating) saw a significant growth in short interest in December. As of December 30th, there was short interest totalling 20,140,000 shares, a growth of 5.3% from the December 15th total of 19,130,000 shares. Currently, 25.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 765,700 shares, the short-interest ratio is currently 26.3 days.

Hyzon Motors Stock Down 1.4 %

Shares of NASDAQ:HYZN opened at $2.07 on Wednesday. The company’s fifty day moving average is $1.70 and its two-hundred day moving average is $2.08. Hyzon Motors has a 12-month low of $1.37 and a 12-month high of $6.57. The company has a market cap of $513.16 million, a P/E ratio of -17.25 and a beta of 2.06.

Insider Buying and Selling at Hyzon Motors

In other Hyzon Motors news, major shareholder Fuel Cell Technologies Horizon sold 3,769,592 shares of the company’s stock in a transaction on Tuesday, December 27th. The stock was sold at an average price of $1.71, for a total value of $6,446,002.32. Following the transaction, the insider now owns 151,869,414 shares of the company’s stock, valued at $259,696,697.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.60% of the stock is owned by corporate insiders.

Institutional Trading of Hyzon Motors

Several large investors have recently added to or reduced their stakes in the company. Legal & General Group Plc raised its stake in Hyzon Motors by 42.3% during the 2nd quarter. Legal & General Group Plc now owns 6,008,135 shares of the company’s stock valued at $17,664,000 after purchasing an additional 1,787,394 shares during the period. Long Focus Capital Management LLC raised its stake in Hyzon Motors by 198.0% during the 3rd quarter. Long Focus Capital Management LLC now owns 4,470,534 shares of the company’s stock valued at $7,600,000 after purchasing an additional 2,970,534 shares during the period. Vanguard Group Inc. raised its stake in Hyzon Motors by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 4,122,212 shares of the company’s stock valued at $7,007,000 after purchasing an additional 25,002 shares during the period. SG Americas Securities LLC raised its stake in Hyzon Motors by 158.3% during the 3rd quarter. SG Americas Securities LLC now owns 2,536,011 shares of the company’s stock valued at $4,311,000 after purchasing an additional 1,554,133 shares during the period. Finally, State Street Corp raised its stake in Hyzon Motors by 1.5% during the 3rd quarter. State Street Corp now owns 1,957,799 shares of the company’s stock valued at $3,328,000 after purchasing an additional 28,947 shares during the period. 18.97% of the stock is owned by institutional investors and hedge funds.

Hyzon Motors Company Profile

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Hyzon Motors Inc, a hydrogen mobility company, provides decarbonized solutions for commercial vehicles market and hydrogen supply infrastructure. The company focuses on assembling and supplying hydrogen-powered FCEVs, including heavy-duty (Class 8) trucks, medium-duty (Class 6) trucks, light-duty (Class 3 and 4) trucks, and 40 and 60-foot (12 and18-meter) city and coach buses to commercial vehicle operators; and building and fostering a clean hydrogen supply ecosystem with leading partners from feedstock through hydrogen production, dispensing, and financing.