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

Roundhill Video Games ETF (NASDAQ:NERD) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totaling 4,100 shares, anincreaseof70.8% from the July 31st total of 2,400 shares. Based on an average daily trading volume, of 7,800 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 7,800 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Roundhill Video Games ETF

An institutional investor recently bought a new position in Roundhill Video Games ETF stock. Flow Traders U.S. LLC bought a new stake in shares of Roundhill Video Games ETF (NASDAQ:NERD) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,016 shares of the company’s stock, valued at approximately $267,000. Flow Traders U.S. LLC owned approximately 1.02% of Roundhill Video Games ETF at the end of the most recent quarter.

Roundhill Video Games ETF Stock Performance

Roundhill Video Games ETF stock opened at $27.09 on Monday. The stock has a market cap of $26.55 million, a P/E ratio of 24.17 and a beta of 0.93. The firm’s fifty day moving average price is $26.27 and its 200-day moving average price is $23.94. Roundhill Video Games ETF has a fifty-two week low of $16.58 and a fifty-two week high of $27.64.

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.