ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Short Interest Update

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,271,605 shares, a decline of 44.0% from the June 30th total of 2,270,830 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average daily volume of 2,182,299 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On ERShares Private-Public Crossover ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Jain Global LLC acquired a new position in ERShares Private-Public Crossover ETF during the fourth quarter worth $40,280,000. Raymond James Financial Inc. grew its holdings in ERShares Private-Public Crossover ETF by 276.7% in the third quarter. Raymond James Financial Inc. now owns 662,089 shares of the company’s stock valued at $13,983,000 after purchasing an additional 486,325 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in ERShares Private-Public Crossover ETF by 18,834.4% in the fourth quarter. Farther Finance Advisors LLC now owns 238,574 shares of the company’s stock valued at $4,805,000 after purchasing an additional 237,314 shares during the last quarter. LPL Financial LLC increased its position in shares of ERShares Private-Public Crossover ETF by 98.2% in the fourth quarter. LPL Financial LLC now owns 160,209 shares of the company’s stock valued at $3,227,000 after buying an additional 79,368 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of ERShares Private-Public Crossover ETF by 31.1% in the first quarter. Cetera Investment Advisers now owns 128,874 shares of the company’s stock valued at $2,177,000 after buying an additional 30,595 shares in the last quarter.

ERShares Private-Public Crossover ETF Trading Down 1.8%

Shares of NASDAQ:XOVR traded down $0.33 during midday trading on Wednesday, hitting $18.47. The stock had a trading volume of 2,057,060 shares, compared to its average volume of 3,017,108. ERShares Private-Public Crossover ETF has a 1 year low of $16.37 and a 1 year high of $21.78. The stock has a 50 day moving average price of $20.07 and a two-hundred day moving average price of $18.80. The company has a market capitalization of $1.76 billion, a PE ratio of 36.57 and a beta of 1.26.

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.