ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Shares Shorted: Short Interest Down 48.8% in September

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 690,976 shares, a decline of 48.8% from the September 15th total of 1,349,591 shares. Based on an average daily volume of 699,563 shares, the short-interest ratio is presently 1.0 days. Currently, 1.0% of the shares of the stock are sold short.

ERShares Private-Public Crossover ETF Price Performance

XOVR opened at $21.42 on Friday. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 36.57 and a beta of 1.27. ERShares Private-Public Crossover ETF has a 1-year low of $16.37 and a 1-year high of $22.81. The business has a 50 day moving average price of $20.99 and a two-hundred day moving average price of $19.87.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of XOVR. Gerald Baker Financial Group LLC raised its position in ERShares Private-Public Crossover ETF by 15.3% in the third quarter. Gerald Baker Financial Group LLC now owns 12,433 shares of the company’s stock worth $266,000 after acquiring an additional 1,649 shares in the last quarter. HBK Investments L P acquired a new position in shares of ERShares Private-Public Crossover ETF in the 2nd quarter worth approximately $3,167,000. Miramontes Capital LLC acquired a new position in shares of ERShares Private-Public Crossover ETF in the 2nd quarter worth approximately $221,000. Lunt Capital Management Inc. acquired a new position in shares of ERShares Private-Public Crossover ETF in the 2nd quarter worth approximately $1,481,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of ERShares Private-Public Crossover ETF in the 2nd quarter worth approximately $848,000.

About ERShares Private-Public Crossover ETF

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.