Robinhood Markets Inc ( HOOD ) shares are trading higher Wednesday. The company announced operating data for May late Tuesday.

What Happened: After the market close on Tuesday, Robinhood said it had 24.1 million funded customers at the end of May, up approximately 120,000 from April and up 960,000 on a year-over-year basis.

Net Deposits were $3.6 billion in May and $29.4 billion over the last 12 months. Assets Under Custody at the end of the month were $135 billion, up 9% from April and up 65% year-over-year.

Equity Notional Trading Volumes were $86.8 billion, up 76% year-over-year. Options Contracts Traded were 131.9 million, up 35% year-over-year. Crypto Notional Trading Volumes were $7.1 billion, up 238% year-over-year.

Margin balances at the end of May were $4.5 billion, up 45% year-over-year and total cash sweep balances came in at $20.3 billion, up 81% year-over-year. Robinhood said total securities lending revenue was $23 million in May, up 53% year-over-year.

Don’t Miss: Short Seller Citron Closes Short Position In GameStop, Says ‘It Respects Market’s Irrationality’

How To Buy HOOD Stock

By now you're likely curious about how to participate in the market for Robinhood – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. In the case of Robinhood, which is trading at $23.73 as of publishing time, $100 would buy you 4.21 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

HOOD Price Action: Robinhood shares were up 3.74% at $24.09 at the time of publication, according to Benzinga Pro.