Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Short Interest Update

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 421,200 shares, a decline of 5.6% from the May 31st total of 446,400 shares. Based on an average trading volume of 18,200 shares, the short-interest ratio is currently 23.1 days. Approximately 8.9% of the shares of the company are sold short.

Hall of Fame Resort & Entertainment Stock Down 1.4 %

HOFV traded down $0.04 on Wednesday, hitting $2.77. 4,697 shares of the company traded hands, compared to its average volume of 19,650. Hall of Fame Resort & Entertainment has a 12-month low of $2.29 and a 12-month high of $12.42. The company has a 50 day moving average of $2.96 and a 200-day moving average of $3.26. The stock has a market capitalization of $18.09 million, a PE ratio of -0.26 and a beta of 1.92.

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) last released its earnings results on Monday, May 13th. The company reported ($2.30) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.62) by $0.32. Hall of Fame Resort & Entertainment had a negative return on equity of 45.50% and a negative net margin of 256.43%. The business had revenue of $4.19 million for the quarter, compared to analyst estimates of $3.05 million. On average, research analysts anticipate that Hall of Fame Resort & Entertainment will post -9.04 EPS for the current year.

Hedge Funds Weigh In On Hall of Fame Resort & Entertainment

A hedge fund recently bought a new stake in Hall of Fame Resort & Entertainment stock. Virtu Financial LLC bought a new position in shares of Hall of Fame Resort & Entertainment (NASDAQ:HOFV) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 15,418 shares of the company’s stock, valued at approximately $55,000. Virtu Financial LLC owned approximately 0.24% of Hall of Fame Resort & Entertainment as of its most recent filing with the SEC. 3.62% of the stock is owned by hedge funds and other institutional investors.

Hall of Fame Resort & Entertainment Company Profile

Hall of Fame Resort & Entertainment Company, a resort and entertainment company, doing business as the Pro Football Hall of Fame. It owns the DoubleTree by Hilton located in downtown Canton, and the Hall of Fame Village, which is a multi-use sports, entertainment, and media destination. The company is headquartered in Canton, Ohio.