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

Global X Video Games & Esports ETF (NASDAQ:HERO) saw a significant decrease in short interest in 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 daily volume of 50,300 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Global X Video Games & Esports ETF

Hedge funds have recently added to or reduced their stakes in the company. CreativeOne Wealth LLC grew its position in shares of Global X Video Games & Esports ETF by 164.9% during the 3rd quarter. CreativeOne Wealth LLC now owns 104,183 shares of the company’s stock worth $2,536,000 after purchasing an additional 64,861 shares in the last quarter. HBW Advisory Services LLC lifted its position in shares of Global X Video Games & Esports ETF by 8.1% during 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 period. Archford Capital Strategies LLC acquired a new stake in shares of Global X Video Games & Esports ETF during the 2nd quarter worth $261,000. Finally, Appleton Partners Inc. MA increased its position in shares of Global X Video Games & Esports ETF by 2.8% in the second quarter. Appleton Partners Inc. MA now owns 250,192 shares of the company’s stock worth $5,357,000 after purchasing an additional 6,906 shares during the period. 82.58% of the stock is owned by institutional investors and hedge funds.

Global X Video Games & Esports ETF Price Performance

Global X Video Games & Esports ETF stock traded up $0.20 during trading hours on Wednesday, hitting $23.84. The company had a trading volume of 21,647 shares, compared to its average volume of 33,240. The firm has a 50-day moving average of $23.58 and a 200 day moving average of $22.31. The firm has a market cap of $114.67 million, a PE ratio of 22.26 and a beta of 0.78. Global X Video Games & Esports ETF has a one year low of $18.82 and a one year high of $24.60.

Global X Video Games & Esports ETF Company Profile

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.