ERShares Entrepreneurs ETF (NASDAQ:ENTR) Short Interest Up 1,026.7% in March

ERShares Entrepreneurs ETF (NASDAQ:ENTR) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 16,900 shares, an increase of 1,026.7% from the February 29th total of 1,500 shares. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is currently 2.6 days.

ERShares Entrepreneurs ETF Stock Performance

ERShares Entrepreneurs ETF stock opened at $15.45 on Thursday. The stock has a market cap of $83.28 million, a P/E ratio of -17.36 and a beta of 1.15. The firm’s fifty day moving average price is $14.53 and its 200-day moving average price is $12.99. ERShares Entrepreneurs ETF has a fifty-two week low of $10.48 and a fifty-two week high of $15.75.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ENTR. Jane Street Group LLC bought a new stake in ERShares Entrepreneurs ETF during the first quarter valued at approximately $552,000. Citadel Advisors LLC lifted its holdings in shares of ERShares Entrepreneurs ETF by 22.8% during the 2nd quarter. Citadel Advisors LLC now owns 19,930 shares of the company’s stock worth $188,000 after acquiring an additional 3,696 shares during the last quarter. Susquehanna International Group LLP purchased a new position in ERShares Entrepreneurs ETF in the first quarter worth $114,000. Finally, GTS Securities LLC bought a new position in ERShares Entrepreneurs ETF in the third quarter valued at $205,000. Hedge funds and other institutional investors own 58.66% of the company’s stock.