Direxion Hydrogen ETF (HJEN) Shares Down 0.9% as Jane Street Group LLC Increases Holdings

Shares of Direxion Hydrogen ETF (NYSEARCA:HJEN) were down 0.9% on Thursday during mid-day trading. The company traded as low as $15.76 and last traded at $15.78 with 12,254 shares changing hands, which is a 26% decrease from the average session volume of 16,599 shares. Jane Street Group LLC recently increased its stake in the company by 712.8%, according to its most recent filing with the Securities & Exchange Commission.

In summary, this article discusses the decline in share price for Direxion Hydrogen ETF and an institutional investor’s increase in its holdings of the company’s stock.

Direxion Hydrogen ETF: Investing in the Future

The Direxion Hydrogen ETF (ticker symbol HYDR) is an exchange-traded fund that provides investors with exposure to companies that are actively engaged in the development and production of hydrogen fuel and related technologies. The ETF seeks to provide investors with long-term capital appreciation by investing in a diversified portfolio of global equity securities related to the hydrogen industry. The ETF also offers investors access to a growing sector as the world transitions away from traditional fossil fuels towards more sustainable energy sources. With its focus on companies at the forefront of this transition, Direxion Hydrogen ETF provides investors with an opportunity to invest in the future of clean energy.
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Picture source: Shaun Dakin