Short Interest in Roundhill Video Games ETF (NASDAQ:NERD) Declines By 73.3%

Roundhill Video Games ETF (NASDAQ:NERD) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 400 shares, a drop of 73.3% from the January 15th total of 1,500 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is currently 0.1 days.

Roundhill Video Games ETF Stock Performance

Shares of NERD traded down $0.21 during midday trading on Wednesday, hitting $22.10. The company had a trading volume of 1,875 shares, compared to its average volume of 3,474. Roundhill Video Games ETF has a 1 year low of $14.35 and a 1 year high of $22.39. The firm has a market capitalization of $22.10 million, a P/E ratio of 19.79 and a beta of 0.93. The company’s 50-day simple moving average is $20.56 and its 200-day simple moving average is $18.70.

Roundhill Video Games ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were issued a $0.3431 dividend. The ex-dividend date was Monday, December 30th.

Roundhill Video Games ETF Company Profile

The Roundhill Video Games ETF (NERD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market cap-weighted index of globally listed equities of companies engaged in the video games and eSports industry. NERD was launched on Jun 4, 2019 and is issued by Roundhill.