VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Short Interest Update

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 16,100 shares, an increase of 117.6% from the August 31st total of 7,400 shares. Based on an average daily trading volume, of 18,500 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On VanEck Video Gaming and eSports ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Strategic Financial Concepts LLC bought a new position in VanEck Video Gaming and eSports ETF in the 2nd quarter worth about $894,000. BNP Paribas Financial Markets lifted its stake in shares of VanEck Video Gaming and eSports ETF by 55.2% in the first quarter. BNP Paribas Financial Markets now owns 24,776 shares of the company’s stock worth $1,549,000 after buying an additional 8,808 shares in the last quarter. Rothschild Investment LLC purchased a new stake in shares of VanEck Video Gaming and eSports ETF during the second quarter valued at approximately $478,000. Assetmark Inc. increased its position in shares of VanEck Video Gaming and eSports ETF by 107.8% during the fourth quarter. Assetmark Inc. now owns 7,269 shares of the company’s stock valued at $412,000 after acquiring an additional 3,771 shares in the last quarter. Finally, RFG Advisory LLC purchased a new position in VanEck Video Gaming and eSports ETF in the 2nd quarter worth approximately $222,000.

VanEck Video Gaming and eSports ETF Stock Performance

Shares of VanEck Video Gaming and eSports ETF stock traded down $0.30 during trading on Friday, hitting $76.41. The company’s stock had a trading volume of 15,895 shares, compared to its average volume of 16,999. VanEck Video Gaming and eSports ETF has a 52 week low of $49.03 and a 52 week high of $77.08. The company has a market capitalization of $278.90 million, a PE ratio of 29.98 and a beta of 0.77. The company has a fifty day simple moving average of $69.37 and a two-hundred day simple moving average of $66.13.

About VanEck Video Gaming and eSports ETF

The VanEck Video Gaming and eSports ETF (ESPO) is an exchange-traded fund that is based on the MVIS Global Video Gaming & eSports index, a market-cap-weighted index of global firms involved in video gaming and eSports. ESPO was launched on Oct 16, 2018 and is managed by VanEck.