ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Down 67.6% in April
by Teresa Graham · The Cerbat GemERShares Private-Public Crossover ETF (NASDAQ:XOVR – Get Free Report) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,164,882 shares, a drop of 67.6% from the April 15th total of 3,591,721 shares. Based on an average daily trading volume, of 3,176,429 shares, the days-to-cover ratio is currently 0.4 days. Currently, 2.2% of the shares of the company are sold short.
Institutional Trading of ERShares Private-Public Crossover ETF
A number of large investors have recently bought and sold shares of XOVR. NewEdge Advisors LLC increased its position in 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 buying an additional 10,500 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of ERShares Private-Public Crossover ETF by 13.0% in the second quarter. Raymond James Financial Inc. now owns 175,764 shares of the company’s stock valued at $3,355,000 after purchasing an additional 20,235 shares in the last quarter. CWM LLC grew its position in shares of ERShares Private-Public Crossover ETF by 58.0% in the third quarter. CWM LLC now owns 2,146 shares of the company’s stock valued at $45,000 after purchasing an additional 788 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of ERShares Private-Public Crossover ETF by 4.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 25,490 shares of the company’s stock valued at $538,000 after purchasing an additional 1,132 shares in the last quarter. Finally, Truist Financial Corp grew its position in shares of ERShares Private-Public Crossover ETF by 7.4% in the third quarter. Truist Financial Corp now owns 43,899 shares of the company’s stock valued at $927,000 after purchasing an additional 3,014 shares in the last quarter.
ERShares Private-Public Crossover ETF Price Performance
NASDAQ:XOVR opened at $19.17 on Friday. The business has a fifty day simple moving average of $17.81 and a two-hundred day simple moving average of $18.90. ERShares Private-Public Crossover ETF has a 1 year low of $16.37 and a 1 year high of $21.78. The company has a market capitalization of $1.03 billion, a P/E ratio of 36.57 and a beta of 1.26.
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.