Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Short Interest Down 5.8% in September

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 435,700 shares, a drop of 5.8% from the September 15th total of 462,400 shares. Based on an average trading volume of 20,400 shares, the days-to-cover ratio is currently 21.4 days. Currently, 9.1% of the shares of the stock are sold short.

Institutional Trading of Hall of Fame Resort & Entertainment

An institutional investor recently bought a new position in Hall of Fame Resort & Entertainment stock. Virtu Financial LLC bought a new position in Hall of Fame Resort & Entertainment (NASDAQ:HOFV) in the first quarter, according to the company in 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 about 0.24% of Hall of Fame Resort & Entertainment at the end of the most recent reporting period. 3.62% of the stock is owned by hedge funds and other institutional investors.

Hall of Fame Resort & Entertainment Trading Down 0.5 %

Shares of HOFV traded down $0.01 during trading hours on Thursday, reaching $1.79. 8,549 shares of the company’s stock traded hands, compared to its average volume of 19,583. The stock has a market cap of $11.69 million, a PE ratio of -0.17 and a beta of 1.92. The firm’s 50 day simple moving average is $2.03 and its 200-day simple moving average is $2.66. Hall of Fame Resort & Entertainment has a 12 month low of $1.70 and a 12 month high of $4.04.

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) last issued its quarterly earnings results on Monday, August 12th. The company reported ($2.41) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.80) by $0.39. The firm had revenue of $4.70 million during the quarter. Hall of Fame Resort & Entertainment had a negative return on equity of 53.14% and a negative net margin of 281.11%. During the same quarter last year, the business posted ($2.39) EPS.

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.