ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Update

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 796,382 shares, an increase of 262.0% from the December 15th total of 219,974 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,017,661 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 2,017,661 shares, the short-interest ratio is currently 0.4 days. Approximately 1.0% of the company’s shares are short sold.

Hedge Funds Weigh In On ERShares Private-Public Crossover ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC boosted its holdings in shares of ERShares Private-Public Crossover ETF by 189.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,260 shares of the company’s stock valued at $27,000 after purchasing an additional 824 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in ERShares Private-Public Crossover ETF during the second quarter valued at about $29,000. Ransom Advisory Ltd acquired a new stake in ERShares Private-Public Crossover ETF during the fourth quarter worth about $30,000. CWM LLC raised its holdings in shares of ERShares Private-Public Crossover ETF by 58.0% in the 3rd quarter. CWM LLC now owns 2,146 shares of the company’s stock worth $45,000 after purchasing an additional 788 shares during the period. Finally, Group One Trading LLC raised its holdings in shares of ERShares Private-Public Crossover ETF by 2,542.0% in the 3rd quarter. Group One Trading LLC now owns 2,642 shares of the company’s stock worth $56,000 after purchasing an additional 2,542 shares during the period.

ERShares Private-Public Crossover ETF Stock Performance

XOVR stock opened at $20.01 on Thursday. The stock has a market capitalization of $1.60 billion, a P/E ratio of 36.57 and a beta of 1.23. ERShares Private-Public Crossover ETF has a one year low of $13.92 and a one year high of $21.78. The company has a 50 day moving average price of $20.11 and a two-hundred day moving average price of $20.20.

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.