ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Up 122.4% in June

by · The Markets Daily

ERShares Private-Public Crossover ETF (NASDAQ:XOVR – Get Free Report) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 8,690,418 shares, a growth of 122.4% from the May 31st total of 3,908,308 shares. Based on an average trading volume of 12,055,954 shares, the days-to-cover ratio is presently 0.7 days. Currently, 16.2% of the company’s stock are short sold.

ERShares Private-Public Crossover ETF Price Performance

NASDAQ XOVR traded up $0.24 during mid-day trading on Wednesday, reaching $21.29. The stock had a trading volume of 1,222,481 shares, compared to its average volume of 3,157,850. ERShares Private-Public Crossover ETF has a 1 year low of $16.37 and a 1 year high of $21.78. The stock has a market cap of $1.14 billion, a PE ratio of 36.57 and a beta of 1.27. The company has a fifty day moving average price of $19.57 and a 200 day moving average price of $18.83.

Institutional Investors Weigh In On ERShares Private-Public Crossover ETF

Institutional investors have recently modified their holdings of the business. Ransom Advisory Ltd bought a new position in ERShares Private-Public Crossover ETF during the 4th quarter valued at about $30,000. Creative Financial Designs Inc. ADV purchased a new position in shares of ERShares Private-Public Crossover ETF during the fourth quarter valued at approximately $36,000. Allworth Financial LP bought a new position in ERShares Private-Public Crossover ETF during the fourth quarter valued at approximately $40,000. Group One Trading LLC lifted its position in ERShares Private-Public Crossover ETF by 2,542.0% during the third quarter. Group One Trading LLC now owns 2,642 shares of the company’s stock valued at $56,000 after purchasing an additional 2,542 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in ERShares Private-Public Crossover ETF by 28.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,058 shares of the company’s stock worth $62,000 after purchasing an additional 670 shares during the last quarter.

ERShares Private-Public Crossover ETF Company Profile

(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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