Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Short Interest Down 8.0% in January

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) was the target of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 372,600 shares, a decrease of 8.0% from the January 15th total of 404,900 shares. Based on an average daily trading volume, of 41,700 shares, the days-to-cover ratio is presently 8.9 days. Approximately 7.8% of the company’s stock are short sold.

Hall of Fame Resort & Entertainment Trading Up 2.6 %

Shares of HOFV traded up $0.03 during trading hours on Monday, hitting $1.18. The company had a trading volume of 10,780 shares, compared to its average volume of 24,924. The company has a market capitalization of $7.74 million, a PE ratio of -0.14 and a beta of 1.72. Hall of Fame Resort & Entertainment has a one year low of $0.81 and a one year high of $3.78. The company’s fifty day moving average price is $1.17 and its two-hundred day moving average price is $1.54.

Analyst Ratings Changes

Separately, Maxim Group reiterated a “hold” rating on shares of Hall of Fame Resort & Entertainment in a report on Friday, October 25th.

Hall of Fame Resort & Entertainment Company Profile

Hall of Fame Resort & Entertainment Co is a resort and entertainment company, which leverages the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. The company was founded in 2015 and is headquartered in Canton, OH.