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

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 435,700 shares, a decline of 5.8% from the September 15th total of 462,400 shares. Currently, 9.1% of the company’s shares are short sold. Based on an average daily volume of 20,400 shares, the days-to-cover ratio is currently 21.4 days.

Hall of Fame Resort & Entertainment Trading Down 0.5 %

HOFV stock traded down $0.01 during midday trading on Thursday, hitting $1.79. The company had a trading volume of 8,549 shares, compared to its average volume of 19,583. Hall of Fame Resort & Entertainment has a 52 week low of $1.70 and a 52 week high of $4.04. The stock’s 50 day moving average price is $2.03 and its 200 day moving average price is $2.66. The stock has a market cap of $11.69 million, a price-to-earnings ratio of -0.17 and a beta of 1.92.

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) last announced its quarterly earnings data on Monday, August 12th. The company reported ($2.41) earnings per share for the quarter, beating the consensus estimate of ($2.80) by $0.39. Hall of Fame Resort & Entertainment had a negative return on equity of 53.14% and a negative net margin of 281.11%. The firm had revenue of $4.70 million during the quarter. During the same quarter in the previous year, the firm posted ($2.39) EPS.

Institutional Trading of Hall of Fame Resort & Entertainment

An institutional investor recently bought a new position in Hall of Fame Resort & Entertainment stock. Virtu Financial LLC bought a new stake in shares of Hall of Fame Resort & Entertainment (NASDAQ:HOFV) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,418 shares of the company’s stock, valued at approximately $55,000. Virtu Financial LLC owned 0.24% of Hall of Fame Resort & Entertainment as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 3.62% of the company’s stock.

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.