Short Interest in Global X Video Games & Esports ETF (NASDAQ:HERO) Increases By 5.4%

Global X Video Games & Esports ETF (NASDAQ:HEROGet Free Report) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 5,900 shares, an increase of 5.4% from the August 31st total of 5,600 shares. Based on an average daily trading volume, of 26,800 shares, the short-interest ratio is currently 0.2 days.

Global X Video Games & Esports ETF Price Performance

NASDAQ HERO traded up $0.04 during trading hours on Tuesday, hitting $24.38. 593,567 shares of the company’s stock traded hands, compared to its average volume of 32,226. The firm’s 50-day moving average is $22.28 and its 200-day moving average is $21.31. Global X Video Games & Esports ETF has a 52-week low of $17.75 and a 52-week high of $24.57. The company has a market capitalization of $126.78 million, a PE ratio of 22.26 and a beta of 0.78.

Institutional Investors Weigh In On Global X Video Games & Esports ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. CreativeOne Wealth LLC acquired a new stake in shares of Global X Video Games & Esports ETF in the first quarter valued at $893,000. Appleton Partners Inc. MA raised its stake in shares of Global X Video Games & Esports ETF by 8.6% in the first quarter. Appleton Partners Inc. MA now owns 243,286 shares of the company’s stock valued at $5,036,000 after acquiring an additional 19,250 shares in the last quarter. Finally, Archford Capital Strategies LLC purchased a new position in Global X Video Games & Esports ETF in the second quarter valued at $261,000. Institutional investors and hedge funds own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Company Profile

(Get Free Report)

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.

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