Hyzon Motors Inc. (NASDAQ:HYZN) Short Interest Update

Hyzon Motors Inc. (NASDAQ:HYZN - Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 417,300 shares, an increase of 57.3% from the September 30th total of 265,300 shares. Currently, 9.1% of the shares of the company are short sold. Based on an average daily volume of 879,500 shares, the short-interest ratio is presently 0.5 days.

Insider Buying and Selling

In other Hyzon Motors news, major shareholder Fuel Cell Technologies Horizon sold 28,220 shares of Hyzon Motors stock in a transaction on Monday, August 12th. The stock was sold at an average price of $5.00, for a total value of $141,100.00. Following the completion of the transaction, the insider now directly owns 1,028,743 shares of the company's stock, valued at $5,143,715. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders sold 234,455 shares of company stock valued at $948,098. Insiders own 1.70% of the company's stock.

Institutional Investors Weigh In On Hyzon Motors

An institutional investor recently raised its position in Hyzon Motors stock. Van ECK Associates Corp increased its position in shares of Hyzon Motors Inc. (NASDAQ:HYZN - Free Report) by 12.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,022,830 shares of the company's stock after acquiring an additional 111,431 shares during the period. Van ECK Associates Corp owned about 0.41% of Hyzon Motors worth $328,000 at the end of the most recent reporting period. 61.41% of the stock is owned by hedge funds and other institutional investors.

Hyzon Motors Stock Up 2.7 %

Shares of HYZN traded up $0.05 during midday trading on Friday, hitting $1.92. The company's stock had a trading volume of 538,368 shares, compared to its average volume of 289,460. Hyzon Motors has a one year low of $1.84 and a one year high of $63.00. The company's fifty day simple moving average is $2.57 and its two-hundred day simple moving average is $13.73. The stock has a market capitalization of $475.00 million, a price-to-earnings ratio of -2.49 and a beta of 2.85.

Hyzon Motors (NASDAQ:HYZN - Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($10.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($7.50) by ($3.00). The firm had revenue of $0.31 million during the quarter, compared to the consensus estimate of $1.00 million. During the same quarter last year, the firm posted ($12.50) EPS.

Hyzon Motors Company Profile

Hyzon Motors Inc supplies hydrogen fuel cell systems for decarbonization applications in various industries. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It also 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.