ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Up 225.3% in February

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 693,156 shares, a growth of 225.3% from the January 29th total of 213,051 shares. Based on an average daily trading volume, of 1,049,703 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.8% of the shares of the company are short sold. Approximately 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 1,049,703 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of ERShares Private-Public Crossover ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC boosted its holdings in shares of ERShares Private-Public Crossover ETF by 189.0% in the third quarter. Farther Finance Advisors LLC now owns 1,260 shares of the company’s stock valued at $27,000 after acquiring an additional 824 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of ERShares Private-Public Crossover ETF during the 2nd quarter valued at $29,000. Ransom Advisory Ltd bought a new stake in shares of ERShares Private-Public Crossover ETF in the 4th quarter worth $30,000. Creative Financial Designs Inc. ADV acquired a new stake in shares of ERShares Private-Public Crossover ETF in the fourth quarter valued at $36,000. Finally, Allworth Financial LP acquired a new stake in shares of ERShares Private-Public Crossover ETF in the fourth quarter valued at $40,000.

ERShares Private-Public Crossover ETF Stock Performance

Shares of XOVR stock opened at $17.52 on Thursday. ERShares Private-Public Crossover ETF has a 1 year low of $13.92 and a 1 year high of $21.78. The firm has a market capitalization of $1.45 billion, a PE ratio of 36.57 and a beta of 1.23. The stock has a fifty day moving average of $19.08 and a two-hundred day moving average of $19.97.

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.