Defiance Next Gen H2 ETF (NYSEARCA:HDRO) Trading 2.7% Higher – Still a Buy?

Defiance Next Gen H2 ETF (NYSEARCA:HDROGet Free Report) shot up 2.7% on Friday . The company traded as high as $34.75 and last traded at $34.65. 2,649 shares were traded during mid-day trading, a decline of 37% from the average session volume of 4,184 shares. The stock had previously closed at $33.74.

Defiance Next Gen H2 ETF Price Performance

The firm has a 50-day moving average of $25.30 and a 200-day moving average of $12.20.

About Defiance Next Gen H2 ETF

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The Defiance Next Gen H2 ETF (HDRO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index that targets globally-listed firms in the hydrogen and fuel cell segment. HDRO was launched on Mar 9, 2021 and is managed by Defiance.

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