VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Sees Significant Decrease in Short Interest

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 5,991 shares, a decline of 88.9% from the January 15th total of 53,903 shares. Based on an average daily volume of 45,552 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 45,552 shares, the days-to-cover ratio is currently 0.1 days.

VanEck Video Gaming and eSports ETF Price Performance

Shares of NASDAQ ESPO traded down $1.27 during mid-day trading on Wednesday, reaching $96.62. The company’s stock had a trading volume of 14,101 shares, compared to its average volume of 49,822. VanEck Video Gaming and eSports ETF has a 52 week low of $77.91 and a 52 week high of $122.99. The stock has a fifty day moving average of $104.20 and a two-hundred day moving average of $110.95. The firm has a market capitalization of $304.34 million, a PE ratio of 27.36 and a beta of 1.03.

VanEck Video Gaming and eSports ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $1.289 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 124.0%.

Hedge Funds Weigh In On VanEck Video Gaming and eSports ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ESPO. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in VanEck Video Gaming and eSports ETF in the 3rd quarter worth $1,459,000. Janney Montgomery Scott LLC grew its position in shares of VanEck Video Gaming and eSports ETF by 2.1% during the second quarter. Janney Montgomery Scott LLC now owns 9,855 shares of the company’s stock valued at $1,080,000 after purchasing an additional 205 shares in the last quarter. Jacksonville Wealth Management LLC bought a new stake in shares of VanEck Video Gaming and eSports ETF in the second quarter worth about $225,000. Osaic Holdings Inc. lifted its position in shares of VanEck Video Gaming and eSports ETF by 129.4% in the second quarter. Osaic Holdings Inc. now owns 14,071 shares of the company’s stock worth $1,439,000 after buying an additional 7,938 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its stake in VanEck Video Gaming and eSports ETF by 311.9% during the second quarter. Flow Traders U.S. LLC now owns 15,528 shares of the company’s stock valued at $1,701,000 after buying an additional 11,758 shares during the last quarter.

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.