Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Sees Large Increase in Short Interest

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) was the target of a large increase in short interest during 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. Approximately 9.6% of the company’s stock are sold short. Based on an average daily volume of 32,500 shares, the short-interest ratio is currently 14.2 days.

Analyst Ratings Changes

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

Hall of Fame Resort & Entertainment Stock Performance

HOFV opened at $1.01 on Tuesday. Hall of Fame Resort & Entertainment has a one year low of $0.81 and a one year high of $4.04. The company has a market cap of $6.62 million, a P/E ratio of -0.12 and a beta of 1.81. The business’s 50-day simple moving average is $1.33 and its 200-day simple moving average is $2.09.

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.