Brag House Holdings, Inc. (NASDAQ:HODO) Sees Large Increase in Short Interest

Brag House Holdings, Inc. (NASDAQ:HODO) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 5,059,062 shares, an increase of 1,445.0% from the October 15th total of 327,448 shares. Based on an average daily trading volume, of 67,735,152 shares, the days-to-cover ratio is currently 0.1 days. Currently, 5.7% of the shares of the stock are sold short.

Brag House Stock Down 26.3%

NASDAQ:HODO traded down $0.00 on Wednesday, reaching $0.01. 161,567 shares of the company’s stock traded hands, compared to its average volume of 4,662,083. The stock has a 50-day simple moving average of $0.12 and a 200-day simple moving average of $2.44. Brag House has a 12 month low of $0.01 and a 12 month high of $9.64. The firm has a market cap of $624,071.00, a PE ratio of -0.00 and a beta of 11.38.

Institutional Trading of Brag House

A hedge fund recently bought a new stake in Brag House stock. HighTower Advisors LLC purchased a new position in Brag House Holdings, Inc. (NASDAQ:HODO) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 220,396 shares of the company’s stock, valued at approximately $776,000. HighTower Advisors LLC owned approximately 0.26% of Brag House at the end of the most recent quarter.

Brag House Company Profile

Brag House is a social gaming and esports company focused on connecting college students through competitive video gaming. Its platform is designed to support organized gaming competitions, community engagement and live experiences centered on popular video games. The company provides esports tournaments and related events for students, creating opportunities for participants to compete, interact with peers and earn recognition or rewards. Brag House also works with brands and other organizations seeking to engage the college-student demographic through gaming-related promotions, sponsorships and experiential marketing.