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

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 461,600 shares, an increase of 5.8% from the November 15th total of 436,200 shares. Based on an average daily volume of 32,500 shares, the days-to-cover ratio is presently 14.2 days. Approximately 9.6% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Maxim Group reiterated a “hold” rating on shares of Hall of Fame Resort & Entertainment in a research note on Friday, October 25th.

Hall of Fame Resort & Entertainment Trading Up 4.0 %

HOFV stock opened at $1.05 on Wednesday. Hall of Fame Resort & Entertainment has a 1-year low of $0.81 and a 1-year high of $4.04. The business’s 50 day simple moving average is $1.31 and its 200 day simple moving average is $2.07. The firm has a market capitalization of $6.88 million, a PE ratio of -0.12 and a beta of 1.81.

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.