ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Update

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 219,974 shares, an increase of 219.6% from the November 30th total of 68,822 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily volume of 797,785 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 797,785 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.1% of the shares of the stock are short sold.

ERShares Private-Public Crossover ETF Price Performance

Shares of XOVR stock opened at $20.44 on Friday. ERShares Private-Public Crossover ETF has a one year low of $13.92 and a one year high of $21.78. The company’s fifty day moving average price is $20.35 and its 200-day moving average price is $20.02. The company has a market capitalization of $410.44 million, a price-to-earnings ratio of 36.57 and a beta of 1.23.

Hedge Funds Weigh In On ERShares Private-Public Crossover ETF

A number of hedge funds have recently made changes to their positions in XOVR. CWM LLC lifted its holdings in ERShares Private-Public Crossover ETF by 58.0% in the 3rd quarter. CWM LLC now owns 2,146 shares of the company’s stock worth $45,000 after purchasing an additional 788 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of ERShares Private-Public Crossover ETF by 189.0% during the third quarter. Farther Finance Advisors LLC now owns 1,260 shares of the company’s stock valued at $27,000 after buying an additional 824 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its holdings in shares of ERShares Private-Public Crossover ETF by 7.8% in the second quarter. Onyx Bridge Wealth Group LLC now owns 13,747 shares of the company’s stock worth $262,000 after buying an additional 1,000 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of ERShares Private-Public Crossover ETF by 4.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 25,490 shares of the company’s stock worth $538,000 after acquiring an additional 1,132 shares during the last quarter. Finally, Sharpepoint LLC grew its stake in ERShares Private-Public Crossover ETF by 12.7% during the third quarter. Sharpepoint LLC now owns 12,250 shares of the company’s stock valued at $259,000 after acquiring an additional 1,383 shares in the last quarter.

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.