Short Interest in Global X Video Games & Esports ETF (NASDAQ:HERO) Rises By 716.7%

Global X Video Games & Esports ETF (NASDAQ:HERO) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,900 shares, an increase of 716.7% from the December 15th total of 600 shares. Based on an average trading volume of 35,400 shares, the days-to-cover ratio is presently 0.1 days.

Global X Video Games & Esports ETF Price Performance

HERO remained flat at $23.13 on Monday. The company had a trading volume of 17,625 shares, compared to its average volume of 19,165. Global X Video Games & Esports ETF has a fifty-two week low of $18.82 and a fifty-two week high of $25.59. The stock’s 50 day moving average price is $24.01 and its two-hundred day moving average price is $23.05. The company has a market capitalization of $96.45 million, a PE ratio of 22.26 and a beta of 0.78.

Global X Video Games & Esports ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a $0.2075 dividend. The ex-dividend date was Monday, December 30th.

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

A hedge fund recently raised its stake in Global X Video Games & Esports ETF stock. HBW Advisory Services LLC grew its holdings in Global X Video Games & Esports ETF (NASDAQ:HERO) by 8.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 9,172 shares of the company’s stock after buying an additional 690 shares during the quarter. HBW Advisory Services LLC owned approximately 0.20% of Global X Video Games & Esports ETF worth $223,000 at the end of the most recent quarter. Institutional investors and hedge funds own 82.58% of the company’s stock.

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.