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

Global X Video Games & Esports ETF (NASDAQ:HERO) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 4,900 shares, a growth of 716.7% from the December 31st 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 Trading Up 1.6 %

HERO opened at $24.23 on Wednesday. The firm has a market cap of $101.04 million, a price-to-earnings ratio of 22.26 and a beta of 0.78. Global X Video Games & Esports ETF has a 12 month low of $18.85 and a 12 month high of $25.59. The stock has a fifty day moving average price of $24.06 and a 200-day moving average price of $23.22.

Global X Video Games & Esports ETF Announces Dividend

The company also recently announced 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 Trading of Global X Video Games & Esports ETF

Hedge funds have recently modified their holdings of the company. HBW Advisory Services LLC raised its stake 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 worth $223,000 after acquiring an additional 690 shares in the last quarter. CreativeOne Wealth LLC increased its position in shares of Global X Video Games & Esports ETF by 164.9% during the third 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. Archford Capital Strategies LLC lifted its holdings in shares of Global X Video Games & Esports ETF by 157.8% during the 4th quarter. Archford Capital Strategies LLC now owns 30,230 shares of the company’s stock valued at $710,000 after purchasing an additional 18,503 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Global X Video Games & Esports ETF in the 4th quarter worth $480,000. 82.58% of the stock is owned by hedge funds and other institutional investors.

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.