Short Interest in ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Declines By 67.6%

ERShares Private-Public Crossover ETF (NASDAQ:XOVRGet Free Report) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,164,882 shares, a decline of 67.6% from the April 15th total of 3,591,721 shares. Based on an average daily volume of 3,176,429 shares, the days-to-cover ratio is currently 0.4 days. Currently, 2.2% of the shares of the stock are sold short.

ERShares Private-Public Crossover ETF Price Performance

Shares of ERShares Private-Public Crossover ETF stock opened at $18.87 on Thursday. ERShares Private-Public Crossover ETF has a 1 year low of $16.37 and a 1 year high of $21.78. The firm has a market cap of $1.01 billion, a PE ratio of 36.57 and a beta of 1.26. The company has a 50 day simple moving average of $17.75 and a two-hundred day simple moving average of $18.91.

Institutional Investors Weigh In On ERShares Private-Public Crossover ETF

Several hedge funds have recently bought and sold shares of XOVR. Ransom Advisory Ltd bought a new stake in ERShares Private-Public Crossover ETF during the fourth quarter valued at approximately $30,000. Creative Financial Designs Inc. ADV bought a new stake in ERShares Private-Public Crossover ETF during the 4th quarter valued at $36,000. Allworth Financial LP purchased a new position in ERShares Private-Public Crossover ETF during the 4th quarter valued at $40,000. CWM LLC increased its position in ERShares Private-Public Crossover ETF by 58.0% during the 3rd quarter. CWM LLC now owns 2,146 shares of the company’s stock valued at $45,000 after purchasing an additional 788 shares during the period. Finally, Group One Trading LLC increased its position in ERShares Private-Public Crossover ETF by 2,542.0% during the 3rd 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.

About ERShares Private-Public Crossover ETF

(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.

Further Reading

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