ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Update

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the target of a significant growth in short interest in the month of 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. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 1,049,703 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 1,049,703 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in XOVR. Cetera Investment Advisers raised its position in ERShares Private-Public Crossover ETF by 62.8% in the second quarter. Cetera Investment Advisers now owns 75,497 shares of the company’s stock worth $1,441,000 after acquiring an additional 29,125 shares in the last quarter. Kingsview Wealth Management LLC bought a new position in shares of ERShares Private-Public Crossover ETF during the 2nd quarter valued at about $379,000. AE Wealth Management LLC acquired a new position in shares of ERShares Private-Public Crossover ETF in the 2nd quarter worth approximately $705,000. IMC Chicago LLC acquired a new position in shares of ERShares Private-Public Crossover ETF in the 3rd quarter worth approximately $84,944,000. Finally, Whalen Wealth Management Inc. bought a new stake in shares of ERShares Private-Public Crossover ETF in the 2nd quarter worth approximately $571,000.

ERShares Private-Public Crossover ETF Stock Up 0.7%

Shares of XOVR opened at $17.64 on Friday. The firm has a market capitalization of $1.46 billion, a PE ratio of 36.57 and a beta of 1.23. The firm has a 50-day moving average price of $19.04 and a 200 day moving average price of $19.95. ERShares Private-Public Crossover ETF has a 52-week low of $13.92 and a 52-week high of $21.78.

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.