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

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 690,976 shares, a decrease of 48.8% from the September 15th total of 1,349,591 shares. Based on an average daily volume of 699,563 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Allworth Financial LP lifted its position in ERShares Private-Public Crossover ETF by 29.4% in the 2nd quarter. Allworth Financial LP now owns 2,588 shares of the company’s stock valued at $54,000 after acquiring an additional 588 shares in the last quarter. World Investment Advisors grew its stake in ERShares Private-Public Crossover ETF by 6.8% in the 4th quarter. World Investment Advisors now owns 18,634 shares of the company’s stock valued at $375,000 after purchasing an additional 1,189 shares during the period. Gerald Baker Financial Group LLC grew its position in ERShares Private-Public Crossover ETF by 15.3% during the third quarter. Gerald Baker Financial Group LLC now owns 12,433 shares of the company’s stock valued at $266,000 after buying an additional 1,649 shares during the period. TD Waterhouse Canada Inc. grew its position in shares of ERShares Private-Public Crossover ETF by 564.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 2,823 shares of the company’s stock valued at $60,000 after acquiring an additional 2,398 shares during the period. Finally, Continuum Advisory LLC purchased a new stake in ERShares Private-Public Crossover ETF in the second quarter worth $60,000.

ERShares Private-Public Crossover ETF Trading Down 0.6%

Shares of NASDAQ XOVR opened at $21.85 on Wednesday. The firm has a market cap of $1.53 billion, a P/E ratio of 36.57 and a beta of 1.27. The business’s 50 day moving average is $20.91 and its 200-day moving average is $19.80. ERShares Private-Public Crossover ETF has a 1-year low of $16.37 and a 1-year high of $22.81.

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.