Global X Video Games & Esports ETF (NASDAQ:HERO) Stock Short Interest Report for October

Global X Video Games & Esports ETF (NASDAQ:HERO) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 4,180 shares, a decrease of 40.0% from the September 30th total of 6,970 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 16,026 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Global X Video Games & Esports ETF

Several hedge funds and other institutional investors have recently bought and sold shares of HERO. NBH Bank bought a new stake in Global X Video Games & Esports ETF in the 2nd quarter worth approximately $26,000. Triumph Capital Management bought a new position in shares of Global X Video Games & Esports ETF during the 2nd quarter valued at $29,000. Allworth Financial LP bought a new position in shares of Global X Video Games & Esports ETF during the 2nd quarter valued at $103,000. TD Waterhouse Canada Inc. boosted its stake in shares of Global X Video Games & Esports ETF by 549.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,220 shares of the company’s stock worth $105,000 after buying an additional 3,570 shares during the last quarter. Finally, Herbst Group LLC purchased a new position in shares of Global X Video Games & Esports ETF in the 2nd quarter worth $136,000. Institutional investors own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Price Performance

Shares of NASDAQ:HERO opened at $26.49 on Friday. Global X Video Games & Esports ETF has a 1 year low of $23.46 and a 1 year high of $32.73. The company has a market cap of $59.07 million, a P/E ratio of 22.89 and a beta of 0.89. The stock’s fifty day moving average price is $27.23 and its 200-day moving average price is $26.70.

Global X Video Games & Esports ETF Company Profile

The Global X Video Games & Esports ETF (HERO) is an exchange-traded fund that is based on the Solactive Video Games & Esports index, a modified market-cap-weighted global index of companies in video games and esports industry. HERO was launched on Oct 25, 2019 and is managed by Global X.