Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Short Interest Update

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 372,600 shares, a drop of 8.0% from the January 15th total of 404,900 shares. Based on an average daily volume of 41,700 shares, the short-interest ratio is currently 8.9 days. Currently, 7.8% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Maxim Group restated 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 Down 10.2 %

HOFV traded down $0.12 during mid-day trading on Tuesday, hitting $1.06. 40,034 shares of the stock were exchanged, compared to its average volume of 24,249. The firm’s fifty day moving average is $1.17 and its two-hundred day moving average is $1.53. Hall of Fame Resort & Entertainment has a 1-year low of $0.81 and a 1-year high of $3.78. The company has a market cap of $6.95 million, a PE ratio of -0.12 and a beta of 1.72.

About Hall of Fame Resort & Entertainment

Hall of Fame Resort & Entertainment Co is a resort and entertainment company, which leverages the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. The company was founded in 2015 and is headquartered in Canton, OH.