The SunHydrogen (OTC: HYSR) closed Monday up 47.11% at $0.0529. The stock went up to $0.17 at the same session, while its lowest single-day price was $0.12. In the last one month, it saw a rise of about 149.49%. HYSR shares have gained by almost 424.24% over six months. The company’s dollar volume is 15.50M in contrast with the Average Volume of 24.47M.
The HYSR stock’s short interest has plunged, dropped by -48.21% to a total of -32558 million shares on Nov 30, 2020. At the average daily trading volume of 73,482,144 shares on the most recent settlement date, the days to cover the figure was 1. The decrease in short interest suggests the stock saw bullish sentiment.
On December 07, 2020 The SunHydrogen (OTC: HYSR), which pioneered a breakthrough technology that makes renewable hydrogen from water and sunlight, has closed its previously announced registered direct offering of 120,000,000 shares of its common stock for $0.075 per share. The offering brought in a total of $9,000,000.
The organization said it planned to use the net profits solely to promote its nano particle breakthrough.
In this offering, H.C. Wainwright & Co. acted as the sole placement agent.