ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Up 43.1% in February

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 991,893 shares, an increase of 43.1% from the February 12th total of 693,156 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 547,644 shares, the short-interest ratio is presently 1.8 days. Based on an average daily trading volume, of 547,644 shares, the short-interest ratio is presently 1.8 days. Approximately 1.2% of the company’s stock are sold short.

Hedge Funds Weigh In On ERShares Private-Public Crossover ETF

A number of large investors have recently made changes to their positions in XOVR. NewEdge Advisors LLC lifted its position in shares of ERShares Private-Public Crossover ETF by 66.9% in the first quarter. NewEdge Advisors LLC now owns 26,200 shares of the company’s stock worth $418,000 after purchasing an additional 10,500 shares in the last quarter. AE Wealth Management LLC acquired a new position in ERShares Private-Public Crossover ETF in the 2nd quarter valued at approximately $705,000. Cetera Investment Advisers lifted its position in ERShares Private-Public Crossover ETF by 62.8% in the 2nd quarter. Cetera Investment Advisers now owns 75,497 shares of the company’s stock worth $1,441,000 after buying an additional 29,125 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in ERShares Private-Public Crossover ETF in the 2nd quarter worth approximately $379,000. Finally, JT Stratford LLC boosted its stake in shares of ERShares Private-Public Crossover ETF by 71.0% during the 2nd quarter. JT Stratford LLC now owns 19,624 shares of the company’s stock valued at $375,000 after buying an additional 8,148 shares during the period.

ERShares Private-Public Crossover ETF Trading Down 0.5%

NASDAQ:XOVR opened at $17.22 on Monday. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 36.57 and a beta of 1.23. ERShares Private-Public Crossover ETF has a 1-year low of $13.92 and a 1-year high of $21.78. The business’s fifty day moving average price is $18.43 and its 200 day moving average price is $19.78.

ERShares Private-Public Crossover ETF Company Profile

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.