ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Down 73.9% in June

ERShares Private-Public Crossover ETF (NASDAQ:XOVR – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 2,270,830 shares, a decrease of 73.9% from the June 15th total of 8,690,418 shares. Based on an average daily trading volume, of 6,482,397 shares, the short-interest ratio is presently 0.4 days. Approximately 2.3% of the company’s stock are short sold.

Institutional Investors Weigh In On ERShares Private-Public Crossover ETF

A number of hedge funds and other institutional investors have recently modified their holdings of XOVR. NewEdge Advisors LLC grew its stake in shares of ERShares Private-Public Crossover ETF by 66.9% during the first quarter. NewEdge Advisors LLC now owns 26,200 shares of the company’s stock worth $418,000 after purchasing an additional 10,500 shares in the last quarter. Raymond James Financial Inc. raised its stake in ERShares Private-Public Crossover ETF by 13.0% in the second quarter. Raymond James Financial Inc. now owns 175,764 shares of the company’s stock valued at $3,355,000 after buying an additional 20,235 shares in the last quarter. Group One Trading LLC raised its stake in ERShares Private-Public Crossover ETF by 2,542.0% in the third quarter. Group One Trading LLC now owns 2,642 shares of the company’s stock valued at $56,000 after buying an additional 2,542 shares in the last quarter. SeaCrest Wealth Management LLC purchased a new stake in ERShares Private-Public Crossover ETF during the 3rd quarter worth about $266,000. Finally, Sharpepoint LLC lifted its holdings in ERShares Private-Public Crossover ETF by 12.7% during the 3rd quarter. Sharpepoint LLC now owns 12,250 shares of the company’s stock worth $259,000 after buying an additional 1,383 shares during the last quarter.

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ERShares Private-Public Crossover ETF Trading Down 1.1%

NASDAQ:XOVR traded down $0.24 during mid-day trading on Friday, hitting $20.84. The stock had a trading volume of 1,612,619 shares, compared to its average volume of 3,124,574. ERShares Private-Public Crossover ETF has a twelve month low of $16.37 and a twelve month high of $21.78. The stock has a 50-day simple moving average of $19.96 and a two-hundred day simple moving average of $18.88. The company has a market capitalization of $2.08 billion, a PE ratio of 36.57 and a beta of 1.26.

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.

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