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

Global X Video Games & Esports ETF (NASDAQ:HERO) saw a significant increase in short interest in 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.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Video Games & Esports ETF stock. CreativeOne Wealth LLC lifted its position in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 164.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent quarter. Hedge funds and other institutional investors own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Price Performance

Shares of NASDAQ HERO traded up $0.46 during trading on Wednesday, hitting $23.68. 12,571 shares of the company were exchanged, compared to its average volume of 17,496. Global X Video Games & Esports ETF has a 1 year low of $18.82 and a 1 year high of $25.59. The company has a market cap of $98.75 million, a price-to-earnings ratio of 22.26 and a beta of 0.78. The firm’s fifty day moving average price is $23.99 and its 200 day moving average price is $23.08.

Global X Video Games & Esports ETF Dividend Announcement

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

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.