ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Sees Significant Growth in Short Interest

ERShares Private-Public Crossover ETF (NASDAQ:XOVR – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 1,141,569 shares, a growth of 65.2% from the September 30th total of 690,976 shares. Currently, 1.6% of the shares of the stock are short sold. Based on an average daily volume of 724,855 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On ERShares Private-Public Crossover ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC purchased a new position in ERShares Private-Public Crossover ETF during the second quarter worth approximately $848,000. NewEdge Advisors LLC grew its holdings in ERShares Private-Public Crossover ETF by 215.7% in the 2nd quarter. NewEdge Advisors LLC now owns 80,052 shares of the company’s stock valued at $1,685,000 after buying an additional 54,696 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new stake in ERShares Private-Public Crossover ETF in the 2nd quarter valued at $1,484,000. HBK Investments L P purchased a new stake in ERShares Private-Public Crossover ETF in the 2nd quarter valued at $3,167,000. Finally, Trilogy Capital Inc. acquired a new stake in shares of ERShares Private-Public Crossover ETF in the 2nd quarter worth $792,000.

ERShares Private-Public Crossover ETF Stock Up 2.9%

Shares of XOVR opened at $20.18 on Wednesday. ERShares Private-Public Crossover ETF has a 52-week low of $16.37 and a 52-week high of $22.81. The stock has a market cap of $1.41 billion, a PE ratio of 32.98 and a beta of 1.20. The firm’s fifty day moving average is $21.09 and its two-hundred day moving average is $19.42.

About ERShares Private-Public Crossover ETF

(Get Free Report)

The ERShares Private-Public Crossover ETF (XOVR) is an exchange-traded fund that is based on the Entrepreneur 30 index. The fund provides exposure to a narrow index of US large-cap growth stocks. The top 30 most entrepreneurial stocks, either public or private, are selected based on a proprietary measurement XOVR was launched on Nov 7, 2017 and is issued by ERShares.

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