First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) Short Interest Down 99.1% in July

First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 48 shares, a drop of 99.1% from the July 15th total of 5,318 shares. Based on an average daily volume of 403 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in First Trust S-Network Streaming and Gaming ETF stock. International Assets Investment Management LLC bought a new stake in First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 935 shares of the company’s stock, valued at approximately $35,000. International Assets Investment Management LLC owned 0.47% of First Trust S-Network Streaming and Gaming ETF as of its most recent SEC filing.

First Trust S-Network Streaming and Gaming ETF Stock Performance

Shares of NYSEARCA:BNGE opened at $32.24 on Thursday. The company has a 50 day moving average price of $31.24 and a two-hundred day moving average price of $31.55. The company has a market capitalization of $4.84 million, a PE ratio of 26.85 and a beta of 1.11. First Trust S-Network Streaming and Gaming ETF has a 52 week low of $29.39 and a 52 week high of $41.04.

About First Trust S-Network Streaming and Gaming ETF

The First Trust S-Network Streaming & Gaming ETF (BNGE) is an exchange-traded fund that is based on the S-Network Streaming & Gaming index. The fund tracks a market cap-weighted index of companies around the globe that are actively involved in content streaming, eSports, and iGaming. BNGE was launched on Jan 25, 2022 and is managed by First Trust.