Zacks Investment ResearchT3·7d ago
HERO Global X Video Games & Esports ETF
ETF 27.44 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
HERO
$27.44
—
Key stats
$27.44
- 52-Week Range
- $23.46 – $33.00
- YTD
- -8.93%
- IV Rank (30D)
- 20.97
- Straddle Price
- $1.90
- P/C Vol Ratio
- 0.13
- Open
- $27.46
- Day Range
- $27.41 – $27.56
- Volume
- 7,132
- Prev Close
- $27.41
About
Global X Video Games & Esports ETF (HERO) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2019-10-25
- Has Options
- Yes
Fund profile
holdings as of Oct 23, 2026issuer datathrough May 2026flows, SEC filings
- Expense ratio
- 0.50% prospectus, filed Mar 27, 2026
- Assets
- $62M shares × price, Oct 23, 2026
- Trailing yield
- 1.68% paid semi-annual
- Average daily volume
- $365K 30 sessions
- Holdings
- 44 top 10 are 58.7%
- Listed
- Oct 25, 2019 Nasdaq
- Tracking difference
- -0.43 pts vs index, after fees, FY 2025
Cost58
Liquidity19
Scale29
Diversification49
Moves with. US large-cap stocks (22% of its variance, beta 0.75); Developed markets ex-US over US (4% of its variance, beta 0.42). These factors explain 30% of its daily moves over the last year, so most of what drives this fund is something else.
Stated objective. "The Global X Video Games & Esports ETF (""Fund"") seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Video Games & Esports Index (""Underlying Index"")." (from the fund's prospectus)
All 44 holdingsFlow historySimilar fundsOverlap toolAll Gaming & Betting ETFs
Fund flows
through May 2026SEC filings- May 2026
- −$1.2M latest reported month
- Latest 3 months
- −$17M −26.9% of assets
- Latest 12 months
- −$71M −109.2% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | −$1.2M |
| Apr 2026 | −$12M |
| Mar 2026 | −$4.4M |
| Feb 2026 | −$13M |
| Jan 2026 | −$10M |
| Dec 2025 | −$1.6M |
| Nov 2025 | −$152K |
| Oct 2025 | −$11M |
| Sep 2025 | −$20M |
| Aug 2025 | +$4.8M |
| Jul 2025 | −$8.4M |
| Jun 2025 | +$6.5M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 81 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| NERDRoundhill Video Games ETF | 64% | 0.50% | $14M | −15.0% | compare |
| ODDSPacer BlueStar Digital Entertainment ETF | 34% | 0.49% | $3.3M | −25.8% | compare |
| BNGEFirst Trust S-Network Streaming and Gaming ETF | 32% | 0.70% | $4.8M | −19.5% | compare |
| GAMRAmplify Video Game Leaders ETF | 29% | 0.59% | $38M | −1.8% | compare |
| ARVRFirst Trust Indxx Metaverse ETF | 25% | 0.70% | $8.4M | +11.8% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 23, 2026issuer data- Insider buying
- 0% of weight had net insider buying, 90 days; 24% net selling
- Reporting earnings
- 6.0% of weight in 7 days; 19.1% in 14
Holdings reporting in the next 14 days · weighted implied move this week 0.86%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
Under the hood
fiscal year to Nov 30, 2025SEC census- Authorized participants
- 8 active of 22 with agreements; top 3 did 83%
- Created · redeemed
- $50M · $68M over the fiscal year
- Redemptions in kind
- 84% creations 79% in kind
- Creation unit
- 10,000 shares
- Securities lending
- 6.66% of assets on loan on average; earned 12.7 bp
- Return vs index
- -0.43 pts after fees; +0.22 before; daily s.d. 0.86
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-26
Holdings
44
AUM
$62.1M
Provider
Global X
Inception
2019-10-25
Exchange
XNAS
Data As Of
2026-10-26
Expense Ratio
0.50%
Dividend Yield
1.68%
Distribution
Semi-Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-06-29 | 2026-07-07 | $0.1282 | CD |
| 2025-12-30 | 2026-01-07 | $0.3329 | CD |
| 2025-06-27 | 2025-07-07 | $0.1496 | CD |
| 2024-12-30 | 2025-01-07 | $0.2075 | CD |
| 2024-06-27 | 2024-07-05 | $0.0411 | CD |
| 2023-12-28 | 2024-01-08 | $0.1208 | CD |
Asset Allocation
Top Holdings
top 44 of 44 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | KONAMI GROUP CORPORATION | 7.89% | Equity (Foreign) | JP |
| — | NINTENDO CO LTD | 7.05% | Equity (Foreign) | JP |
| RBLX | ROBLOX CORP -CLASS A | 6.12% | Equity (US) | US |
| U | UNITY SOFTWARE INC | 6.07% | Equity (US) | US |
| — | CAPCOM CO LTD | 5.72% | Equity (Foreign) | JP |
| — | NEXON CO LTD | 5.51% | Equity (Foreign) | JP |
| — | SQUARE ENIX HOLDINGS CO LTD | 5.38% | Equity (Foreign) | JP |
| NTES | NETEASE INC-ADR | 5.26% | Equity (US) | — |
| TTWO | TAKE-TWO INTERACTIVE SOFTWRE | 5.01% | Equity (US) | US |
| — | INTERNATIONAL GAMES SYSTEM C | 4.96% | Equity (Foreign) | TW |
| — | CD PROJEKT RED SA | 4.86% | Equity (Foreign) | PL |
| — | KRAFTON INC | 3.73% | Equity (Foreign) | KR |
| — | KINGSOFT CORP LTD | 3.44% | Equity (Foreign) | — |
| — | NC CORP | 3.42% | Equity (Foreign) | KR |
| — | SEGA SAMMY HOLDINGS INC | 3.24% | Equity (Foreign) | JP |
| BILI | BILIBILI INC-SPONSORED ADR | 3.23% | Equity (US) | — |
| — | CHINA RUYI HOLDINGS LTD | 2.39% | Equity (Foreign) | — |
| — | XD INC | 1.61% | Equity (Foreign) | — |
| — | EMBRACER GROUP AB | 1.48% | Equity (Foreign) | SE |
| — | VIVENDI SE | 1.33% | Equity (Foreign) | FR |
| — | MODERN TIMES GROUP-B SHS | 1.30% | Equity (Foreign) | SE |
| — | KOEI TECMO HOLDINGS CO LTD | 1.25% | Equity (Foreign) | JP |
| — | DENA CO LTD | 0.96% | Equity (Foreign) | JP |
| — | PEARL ABYSS CORP | 0.91% | Equity (Foreign) | KR |
| — | OTHER PAYABLE & RECEIVABLES | 0.90% | Cash/Money Market | — |
| CRSR | CORSAIR GAMING INC | 0.74% | Equity (US) | US |
| — | NETMARBLE CORP | 0.66% | Equity (Foreign) | KR |
| — | GUNGHO ONLINE ENTERTAINMENT | 0.64% | Equity (Foreign) | JP |
| — | PARADOX INTERACTIVE AB | 0.62% | Equity (Foreign) | SE |
| — | UBISOFT ENTERTAINMENT | 0.54% | Equity (Foreign) | FR |
| GRVY | GRAVITY CO LTD-SPONSORED ADR | 0.51% | Equity (Foreign) | KR |
| — | KAKAO GAMES CORP | 0.47% | Equity (Foreign) | KR |
| — | DOUBLEUGAMES CO LTD | 0.44% | Equity (Foreign) | KR |
| — | NEXON GAMES CO LTD | 0.37% | Equity (Foreign) | KR |
| TBCH | TURTLE BEACH CORP | 0.37% | Equity (US) | US |
| IMMR | IMMERSION CORPORATION | 0.31% | Equity (US) | US |
| — | NETDRAGON WEBSOFT HOLDINGS L | 0.30% | Equity (Foreign) | — |
| HUYA | HUYA INC-ADR | 0.27% | Equity (Foreign) | CN |
| — | WEMADE CO LTD | 0.26% | Equity (Foreign) | KR |
| — | TANWAN INC | 0.22% | Equity (Foreign) | CN |
| PLTK | PLAYTIKA HOLDING CORP | 0.19% | Equity (US) | US |
| — | CASH | 0.10% | Cash/Money Market | US |
| — | HONG KONG DOLLAR | 0.00% | Cash/Money Market | HK |
| — | JAPANESE YEN | -0.00% | Cash/Money Market | JP |
Geographic Breakdown
Non-Equity Breakdown
Global X Video Games & Esports ETF ·
NPORT-P period 2026-05-31
(filed 2026-07-29)
Net assets:
$65M
· 43 total positions
· equity 99.59%
· non-equity 7.73%
Non-equity holdings
— 1 positions,
7.73% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Repurchase agreement | 7.73% | $5.0M | 1 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 3.89% | -6.89% | 7.49% | -0.76% | 3.80% | -1.96% | 0.93% |
| Feb | -1.92% | -3.22% | -8.31% | 1.92% | 5.95% | -6.93% | -2.08% |
| Mar | -6.68% | -1.61% | 6.77% | 0.88% | -4.08% | -4.92% | -1.61% |
| Apr | 0.90% | -13.09% | -1.08% | -4.93% | 10.76% | 1.52% | -0.99% |
| May | 0.84% | 4.33% | -2.20% | 6.26% | 4.68% | -2.99% | 1.82% |
| Jun | -0.43% | -8.97% | 2.50% | 2.10% | 9.72% | -4.95% | -0.01% |
| Jul | -4.81% | 3.50% | 4.59% | 5.38% | -3.68% | 3.47% | 1.41% |
| Aug | -1.20% | -4.90% | -6.29% | 3.94% | 5.40% | 2.36% | -0.12% |
| Sep | -8.82% | -12.82% | -6.33% | 10.34% | 4.47% | -0.90% | -2.34% |
| Oct | 5.66% | -3.63% | -1.41% | -3.51% | -4.21% | 1.25%* | -0.97% |
| Nov | -2.45% | 8.89% | 9.03% | 2.78% | -3.47% | -- | 2.96% |
| Dec | -1.43% | -2.90% | 0.20% | -4.32% | -5.14% | -- | -2.72% |
| Total | -16.07% | -36.01% | 3.18% | 20.69% | 24.84% | -13.70% | -2.84% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $27.43
SMA 50: $27.29
SMA 200: $26.74
Current: $27.44
EMA 12: $27.59
EMA 26: $27.43
MACD: 0.1565 | Signal: -0.0090
BULLISH
ADX (14): 10.80
RANGE
+DI: 22.22
−DI: 31.17
Momentum Oscillators
RSI (14): 50.26
NEUTRAL
Stoch %K: 70.79
Stoch %D: 80.75
Williams %R: -34.65
Volume & Volatility
BB Upper: $28.19
BB Lower: $26.66
NEUTRAL
OBV: -1,693,619
Vol SMA 20: 14,348
Vol ROC: -11.86%
ATR: $0.45
True Range: $0.15
HV 20: 18.6%
HV 30: 18.5%
HV 60: 20.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (6/10)
Key Drivers: Moderate volatility, neutral news sentiment, and mixed technical signals.
Primary Risks: Downside risk from near-term technical consolidation, potential break of support levels.
Investment Thesis: HERO is a moderately volatile stock with a neutral market narrative. The recent price action suggests a short-term consolidation phase, which may lead to a breakout or breakdown in the coming weeks. Investors should be cautious and monitor key levels and catalysts for trading opportunities.
Recent News Sentiment Impact: Neutral news sentiment has not significantly impacted the stock's price movement, as the technical indicators have been driving the trend.
Technical Analysis
Trend Direction: Short-term: Consolidation (1-4 weeks), Medium-term: Uptrend (1-3 months), Long-term: Uptrend (3-12 months)
Support/Resistance Levels:
- Short-term support: $24.92 (SMA 20)
- Medium-term resistance: $25.22 (SMA 50)
- Long-term support: $23.71 (Bollinger Bands Lower Band)
Momentum Signals:
- RSI: Neutral (49.68), no strong buy or sell signals.
- MACD: Bearish histogram (-0.01), suggesting a short-term downtrend.
- Bollinger Bands: Squeeze, indicating potential volatility increase.
Volume Analysis: Volume has been declining, suggesting institutional interest is waning. The volume rate of change is negative, indicating a trend reversal.
News & Sentiment Analysis
Recent Headlines Summary: All headlines are neutral, with no significant news impacting the stock's price movement.
Sentiment Assessment: Neutral (average sentiment from recent headlines).
Catalyst Identification: No near-term catalysts are identified, but investors should monitor the company's upcoming earnings release and any regulatory changes that may impact the industry.
Market Narrative: The market narrative is neutral, with no clear direction or theme emerging. This suggests a consolidation phase may continue in the short term.
Risk & Volatility Assessment
Beta Interpretation: HERO has a moderate beta (0.94), indicating it is less volatile than the broader market.
Volatility Regime: Historical volatility is relatively low, but recent volatility is increasing.
Options Market Signals: IV rank is low (6.3%), suggesting options market is not pricing in extreme moves. The put/call volume ratio is bearish, indicating a higher likelihood of downside movements.
Downside Protection: Support levels at $24.92 and $23.71 may provide some protection against significant losses.
Market Context & Positioning
Sector Performance: HERO's sector (Leisure and Entertainment) has been performing well, but the stock is not strongly correlated with its peers.
Institutional Activity: Institutional interest is waning, as seen in declining volume.
Correlation Analysis: The stock has a moderate correlation with the broader market (0.61).
Relative Valuation: HERO's relative valuation is reasonable, considering its historical performance and industry trends.
Key Levels & Action Items
Critical Price Levels:
- Support: $24.92 (SMA 20), $23.71 (Bollinger Bands Lower Band)
- Resistance: $25.22 (SMA 50)
Breakout/Breakdown Levels: A break above $25.22 or below $23.71 could signal a significant trend reversal.
Time-Sensitive Catalysts: Earnings release and regulatory changes may impact the stock's price movement in the coming weeks.
Risk Management: Consider stop-loss levels at $24.92 and position sizing considerations to manage risk.
Note: This analysis is based on the provided data and should not be considered as personalized investment advice.
Generated
News
All HERO news →
BenzingaT3·24mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·31mo ago
Zacks Investment ResearchT3·31mo ago
Zacks Investment ResearchT3·31mo ago
BenzingaT3·32mo ago
Seeking AlphaT3·32mo ago
Seeking AlphaT3·33mo ago
Showing 1–10 of 50
Page 1 of 5
HERO Options Activity & IV Rank
HERO IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 23.5%
7-DTE IV: —
Expected Move: $1.90
7-DTE Move: $1.90
Days to Exp: 25 (2026-11-20)
Options Flow
Call Volume: 62
Put Volume: 8
P/C Volume: 0.129
BULLISH
Call OI: 73
Put OI: 9
P/C OI: 0.123
Total OI: 82
ATM Options Pricing
ATM Call: $1.02
ATM Put: $0.88
Call %: 3.7%
Put %: 3.2%
Chain Summary
Chain Volume: 145
Chain OI: 146
Last Updated: 10/26/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 26 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 26 · ATM 26.5% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)21.0LowOct 26
Straddle Price (30 DTE)$1.90Oct 26
Beta Analysis
Risk Metrics
Beta: 0.8343
Alpha: -26.69%
Correlation: 0.5010
R-Squared: 25.1%
Stock Volatility: 21.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
HERO Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
6.97K
SI % of Float
0.31%
Days to Cover
1.00
Short Vol Ratio
15.2%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-26
HERO Constituent Performance
Click any bar to view the full quote for that stock.
HERO Constituents (11 of 11)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| RBLX | ROBLOX CORP -CLASS A | 6.12% | $54.37 | +2.80% | +7.13% | +29.89% |
| U | UNITY SOFTWARE INC | 6.07% | $40.33 | -1.13% | -0.62% | +1.18% |
| NTES | NETEASE INC-ADR | 5.26% | $118.32 | -0.24% | -5.53% | -2.25% |
| TTWO | TAKE-TWO INTERACTIVE SOFTWRE | 5.01% | $203.35 | -0.17% | -0.77% | +0.49% |
| BILI | BILIBILI INC-SPONSORED ADR | 3.23% | $13.34 | -1.04% | -4.78% | -11.89% |
| CRSR | CORSAIR GAMING INC | 0.74% | $13.6 | -0.95% | +3.98% | +0.74% |
| GRVY | GRAVITY CO LTD-SPONSORED ADR | 0.51% | $66.64 | -0.55% | +0.26% | -0.25% |
| TBCH | TURTLE BEACH CORP | 0.37% | $16.38 | -0.49% | +5.47% | +29.08% |
| IMMR | IMMERSION CORPORATION | 0.31% | $7.11 | -0.14% | +0.42% | -1.93% |
| HUYA | HUYA INC-ADR | 0.27% | $2.22 | -0.45% | -1.77% | -5.93% |
| PLTK | PLAYTIKA HOLDING CORP | 0.19% | $2.04 | -1.21% | -1.45% | -4.23% |