Short Interest in Global X Video Games & Esports ETF (NASDAQ:HERO) Rises By 716.7%

Global X Video Games & Esports ETF (NASDAQ:HERO) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,900 shares, an increase of 716.7% from the December 15th total of 600 shares. Based on an average daily trading volume, of 35,400 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Global X Video Games & Esports ETF

An institutional investor recently raised its position in Global X Video Games & Esports ETF stock. HBW Advisory Services LLC lifted its holdings in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 8.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,172 shares of the company’s stock after buying an additional 690 shares during the period. HBW Advisory Services LLC owned 0.20% of Global X Video Games & Esports ETF worth $223,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Trading Up 1.2 %

Shares of HERO traded up $0.27 during midday trading on Tuesday, reaching $23.34. 5,301 shares of the company were exchanged, compared to its average volume of 17,918. Global X Video Games & Esports ETF has a 1-year low of $18.82 and a 1-year high of $25.59. The company has a market cap of $97.33 million, a price-to-earnings ratio of 22.26 and a beta of 0.78. The stock has a 50-day moving average price of $24.01 and a 200-day moving average price of $23.07.

Global X Video Games & Esports ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued a $0.2075 dividend. The ex-dividend date of this dividend was Monday, December 30th.

About Global X Video Games & Esports ETF

The Global X Video Games & Esports ETF (HERO) is an exchange-traded fund that is based on the Solactive Video Games & Esports index, a modified market-cap-weighted global index of companies in video games and esports industry. HERO was launched on Oct 25, 2019 and is managed by Global X.