ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Shares Shorted: Short Interest Up 65.2% in October

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,141,569 shares, an increase of 65.2% from the September 30th total of 690,976 shares. Currently, 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 724,855 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Investors Weigh In On ERShares Private-Public Crossover ETF

A number of institutional investors have recently made changes to their positions in XOVR. Allworth Financial LP lifted its holdings in ERShares Private-Public Crossover ETF by 29.4% in the second quarter. Allworth Financial LP now owns 2,588 shares of the company’s stock worth $54,000 after acquiring an additional 588 shares during the last quarter. TD Waterhouse Canada Inc. boosted its stake in ERShares Private-Public Crossover ETF by 564.2% in the second 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. Continuum Advisory LLC bought a new position in shares of ERShares Private-Public Crossover ETF during the second quarter valued at approximately $60,000. Corient Private Wealth LP bought a new position in shares of ERShares Private-Public Crossover ETF during the second quarter valued at approximately $201,000. Finally, Aljian Capital Management LLC bought a new position in shares of ERShares Private-Public Crossover ETF during the first quarter valued at approximately $170,000.

ERShares Private-Public Crossover ETF Stock Down 1.0%

Shares of NASDAQ XOVR opened at $19.62 on Tuesday. The stock’s 50 day moving average price is $21.09 and its two-hundred day moving average price is $19.42. ERShares Private-Public Crossover ETF has a 52-week low of $16.37 and a 52-week high of $22.81. The stock has a market capitalization of $1.37 billion, a P/E ratio of 36.57 and a beta of 1.27.

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.