Global X Video Games & Esports ETF (NASDAQ:HERO) Short Interest Down 53.8% in December

Global X Video Games & Esports ETF (NASDAQ:HERO) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 600 shares, a decrease of 53.8% from the November 30th total of 1,300 shares. Based on an average daily volume of 45,400 shares, the short-interest ratio is currently 0.0 days.

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

An institutional investor recently raised its position in Global X Video Games & Esports ETF stock. CreativeOne Wealth LLC grew its position in Global X Video Games & Esports ETF (NASDAQ:HERO) by 164.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 104,183 shares of the company’s stock after acquiring an additional 64,861 shares during the quarter. CreativeOne Wealth LLC owned 2.17% of Global X Video Games & Esports ETF worth $2,536,000 as of its most recent SEC filing. 82.58% of the stock is owned by hedge funds and other institutional investors.

Global X Video Games & Esports ETF Stock Down 1.1 %

NASDAQ HERO traded down $0.27 during midday trading on Friday, hitting $23.99. The company had a trading volume of 53,812 shares, compared to its average volume of 33,239. The firm has a fifty day simple moving average of $23.97 and a two-hundred day simple moving average of $22.85. The stock has a market cap of $115.39 million, a price-to-earnings ratio of 22.26 and a beta of 0.78. Global X Video Games & Esports ETF has a fifty-two week low of $18.82 and a fifty-two week high of $25.59.

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.