Global X Video Games & Esports ETF (NASDAQ:HERO) Stock Short Interest Report for October

Global X Video Games & Esports ETF (NASDAQ:HERO) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 4,180 shares, a decrease of 40.0% from the September 30th total of 6,970 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 16,026 shares, the days-to-cover ratio is currently 0.3 days.

Global X Video Games & Esports ETF Stock Up 0.2%

Global X Video Games & Esports ETF stock opened at $26.49 on Friday. The business has a 50-day simple moving average of $27.23 and a two-hundred day simple moving average of $26.70. The company has a market cap of $59.07 million, a P/E ratio of 22.89 and a beta of 0.89. Global X Video Games & Esports ETF has a 52-week low of $23.46 and a 52-week high of $32.73.

Hedge Funds Weigh In On Global X Video Games & Esports ETF

A number of institutional investors and hedge funds have recently made changes to their positions in HERO. NBH Bank bought a new stake in Global X Video Games & Esports ETF during the second quarter valued at approximately $26,000. Triumph Capital Management bought a new position in Global X Video Games & Esports ETF in the second quarter worth approximately $29,000. TD Waterhouse Canada Inc. raised its position in Global X Video Games & Esports ETF by 549.2% in the second quarter. TD Waterhouse Canada Inc. now owns 4,220 shares of the company’s stock worth $105,000 after acquiring an additional 3,570 shares during the period. Allworth Financial LP purchased a new position in shares of Global X Video Games & Esports ETF during the 2nd quarter worth $103,000. Finally, Herbst Group LLC purchased a new position in shares of Global X Video Games & Esports ETF during the 2nd quarter worth $136,000. Hedge funds and other institutional investors own 82.58% of the company’s stock.

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.