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

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

Analysts Set New Price Targets

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

Hall of Fame Resort & Entertainment Price Performance

Shares of NASDAQ HOFV opened at $1.03 on Monday. The company has a 50 day simple moving average of $1.35 and a 200-day simple moving average of $2.10. The company has a market capitalization of $6.75 million, a P/E ratio of -0.12 and a beta of 1.81. Hall of Fame Resort & Entertainment has a 1 year low of $0.81 and a 1 year high of $4.04.

About Hall of Fame Resort & Entertainment

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.