ERShares Entrepreneurs ETF (NASDAQ:ENTR) Short Interest Update

ERShares Entrepreneurs ETF (NASDAQ:ENTR) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 16,900 shares, an increase of 1,026.7% from the February 29th total of 1,500 shares. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is presently 2.6 days.

ERShares Entrepreneurs ETF Price Performance

NASDAQ:ENTR opened at $15.49 on Friday. ERShares Entrepreneurs ETF has a 1-year low of $10.48 and a 1-year high of $15.75. The firm has a 50 day simple moving average of $14.58 and a 200-day simple moving average of $13.01. The firm has a market cap of $83.49 million, a PE ratio of -17.40 and a beta of 1.15.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ENTR. Jane Street Group LLC purchased a new stake in shares of ERShares Entrepreneurs ETF in the first quarter valued at $552,000. GTS Securities LLC acquired a new position in shares of ERShares Entrepreneurs ETF during the 3rd quarter valued at about $205,000. Susquehanna International Group LLP purchased a new position in shares of ERShares Entrepreneurs ETF during the 1st quarter worth about $114,000. Finally, Citadel Advisors LLC boosted its position in shares of ERShares Entrepreneurs ETF by 22.8% in the second quarter. Citadel Advisors LLC now owns 19,930 shares of the company’s stock worth $188,000 after acquiring an additional 3,696 shares during the last quarter. 58.66% of the stock is currently owned by institutional investors and hedge funds.