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

Roundhill Video Games ETF (BATS:NERD) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,442 shares, a drop of 61.9% from the August 15th total of 3,788 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,458 shares, the short-interest ratio is presently 1.0 days.

Roundhill Video Games ETF Price Performance

Shares of Roundhill Video Games ETF stock opened at $22.80 on Tuesday. The firm’s fifty day simple moving average is $21.76 and its 200-day simple moving average is $21.06. Roundhill Video Games ETF has a 12 month low of $19.01 and a 12 month high of $28.81. The stock has a market capitalization of $15.96 million, a price-to-earnings ratio of 24.17 and a beta of 0.96.

About Roundhill Video Games ETF

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.