Global X Video Games & Esports ETF (NASDAQ:HERO) Short Interest Down 80.3% in November

Global X Video Games & Esports ETF (NASDAQ:HERO) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 2,300 shares, a decrease of 80.3% from the October 31st total of 11,700 shares. Based on an average trading volume of 50,300 shares, the days-to-cover ratio is presently 0.0 days.

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

A number of institutional investors and hedge funds have recently made changes to their positions in HERO. HBW Advisory Services LLC lifted its holdings in shares of Global X Video Games & Esports ETF by 8.1% in the 3rd quarter. HBW Advisory Services LLC now owns 9,172 shares of the company’s stock valued at $223,000 after acquiring an additional 690 shares during the last quarter. Appleton Partners Inc. MA raised its position in Global X Video Games & Esports ETF by 2.8% during the second quarter. Appleton Partners Inc. MA now owns 250,192 shares of the company’s stock valued at $5,357,000 after purchasing an additional 6,906 shares during the period. Archford Capital Strategies LLC purchased a new stake in Global X Video Games & Esports ETF during the second quarter valued at approximately $261,000. Finally, CreativeOne Wealth LLC lifted its stake in shares of Global X Video Games & Esports ETF by 164.9% in the 3rd quarter. CreativeOne Wealth LLC now owns 104,183 shares of the company’s stock valued at $2,536,000 after purchasing an additional 64,861 shares during the last quarter. 82.58% of the stock is owned by hedge funds and other institutional investors.

Global X Video Games & Esports ETF Trading Up 2.5 %

HERO traded up $0.59 during trading hours on Friday, hitting $24.43. The company’s stock had a trading volume of 8,675 shares, compared to its average volume of 33,134. The stock has a market cap of $117.51 million, a price-to-earnings ratio of 22.26 and a beta of 0.78. The business’s 50-day moving average price is $23.62 and its 200-day moving average price is $22.34. Global X Video Games & Esports ETF has a 12 month low of $18.82 and a 12 month high of $24.60.

About Global X Video Games & Esports ETF

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.