ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Down 73.9% in June

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 2,270,830 shares, a decline of 73.9% from the June 15th total of 8,690,418 shares. Currently, 2.3% of the shares of the stock are short sold. Based on an average trading volume of 6,482,397 shares, the days-to-cover ratio is currently 0.4 days.

ERShares Private-Public Crossover ETF Stock Down 1.1%

Shares of XOVR traded down $0.24 on Friday, reaching $20.84. The stock had a trading volume of 1,612,619 shares, compared to its average volume of 3,124,574. ERShares Private-Public Crossover ETF has a twelve month low of $16.37 and a twelve month high of $21.78. The firm has a market capitalization of $2.08 billion, a PE ratio of 36.57 and a beta of 1.26. The firm has a 50-day moving average of $19.96 and a 200 day moving average of $18.88.

Institutional Trading of ERShares Private-Public Crossover ETF

Several large investors have recently bought and sold shares of XOVR. Wealthcare Advisory Partners LLC increased its position in ERShares Private-Public Crossover ETF by 19.7% during the second quarter. Wealthcare Advisory Partners LLC now owns 50,368 shares of the company’s stock worth $1,060,000 after buying an additional 8,298 shares in the last quarter. Focus Financial Network Inc. acquired a new position in shares of ERShares Private-Public Crossover ETF in the second quarter worth $329,000. Trilogy Capital Inc. purchased a new stake in shares of ERShares Private-Public Crossover ETF in the second quarter valued at $792,000. VectorGlobal IAG Inc. purchased a new stake in shares of ERShares Private-Public Crossover ETF in the first quarter valued at $293,000. Finally, Waverly Advisors LLC boosted its stake in shares of ERShares Private-Public Crossover ETF by 105.8% during the first quarter. Waverly Advisors LLC now owns 64,851 shares of the company’s stock valued at $1,095,000 after acquiring an additional 33,344 shares during 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.