ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Sees Large Increase in Short Interest

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 863,600 shares, an increase of 93.2% from the September 15th total of 447,100 shares. Based on an average daily trading volume, of 213,300 shares, the days-to-cover ratio is presently 4.0 days. Based on an average daily trading volume, of 213,300 shares, the days-to-cover ratio is presently 4.0 days.

ERShares Private-Public Crossover ETF Stock Up 0.2%

Shares of ERShares Private-Public Crossover ETF stock opened at $20.96 on Wednesday. ERShares Private-Public Crossover ETF has a 12-month low of $13.92 and a 12-month high of $21.68. The stock has a 50 day moving average price of $20.56 and a two-hundred day moving average price of $18.85. The stock has a market capitalization of $403.90 million, a P/E ratio of 36.57 and a beta of 1.16.

Institutional Trading of ERShares Private-Public Crossover ETF

Several large investors have recently modified their holdings of XOVR. Nations Financial Group Inc. IA ADV bought a new position in ERShares Private-Public Crossover ETF in the 1st quarter worth $1,033,000. Cetera Investment Advisers bought a new stake in ERShares Private-Public Crossover ETF during the first quarter valued at about $740,000. AE Wealth Management LLC acquired a new stake in shares of ERShares Private-Public Crossover ETF in the second quarter valued at about $705,000. Whalen Wealth Management Inc. bought a new position in shares of ERShares Private-Public Crossover ETF in the second quarter worth about $571,000. Finally, Apollon Wealth Management LLC bought a new position in shares of ERShares Private-Public Crossover ETF in the second quarter worth about $524,000.

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.