Roundhill Video Games ETF (NASDAQ:NERD) Sees Large Drop in Short Interest

Roundhill Video Games ETF (NASDAQ:NERD) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,400 shares, a decrease of 30.0% from the March 15th total of 2,000 shares. Based on an average daily volume of 6,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Roundhill Video Games ETF Stock Up 2.0 %

NASDAQ NERD traded up $0.42 during midday trading on Friday, hitting $21.04. The company had a trading volume of 2,471 shares, compared to its average volume of 4,079. Roundhill Video Games ETF has a fifty-two week low of $14.35 and a fifty-two week high of $23.51. The stock has a market cap of $19.99 million, a price-to-earnings ratio of 23.88 and a beta of 0.93. The firm has a fifty day simple moving average of $21.30 and a two-hundred day simple moving average of $20.23.

Roundhill Video Games ETF Company Profile

The Roundhill Video Games ETF (NERD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market cap-weighted index of globally listed equities of companies engaged in the video games and eSports industry. NERD was launched on Jun 4, 2019 and is issued by Roundhill.