Hyzon Motors Inc. (NASDAQ:HYZNW) Sees Large Increase in Short Interest

Hyzon Motors Inc. (NASDAQ:HYZNW) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 5,200 shares, a growth of 147.6% from the February 29th total of 2,100 shares. Based on an average daily trading volume, of 18,700 shares, the days-to-cover ratio is currently 0.3 days.

Hyzon Motors Trading Up 60.0 %

HYZNW stock traded up $0.03 during trading hours on Friday, hitting $0.08. 12,340 shares of the stock traded hands, compared to its average volume of 18,075. The stock has a 50-day simple moving average of $0.03 and a 200 day simple moving average of $0.04. Hyzon Motors has a one year low of $0.01 and a one year high of $0.19.

Hedge Funds Weigh In On Hyzon Motors

A hedge fund recently raised its stake in Hyzon Motors stock. Shay Capital LLC lifted its stake in Hyzon Motors Inc. (NASDAQ:HYZNW) by 20.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 833,106 shares of the company’s stock after purchasing an additional 139,690 shares during the quarter. Shay Capital LLC’s holdings in Hyzon Motors were worth $34,000 as of its most recent filing with the Securities & Exchange Commission.

About Hyzon Motors

Hyzon Motors Inc provides decarbonized solutions for commercial vehicle market and hydrogen supply infrastructure. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It focuses primarily on assembling and converting hydrogen-powered FCEVs; and building and fostering a clean hydrogen supply ecosystem with partners and third parties from feedstock through hydrogen production, dispensing, and financing.