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

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 5,298 shares, a drop of 70.5% from the July 30th total of 17,956 shares. Based on an average trading volume of 21,346 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Trading of VanEck Video Gaming and eSports ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC acquired a new stake in VanEck Video Gaming and eSports ETF in the 4th quarter worth about $5,974,000. Van ECK Associates Corp lifted its holdings in VanEck Video Gaming and eSports ETF by 91.0% in the 4th quarter. Van ECK Associates Corp now owns 78,660 shares of the company’s stock worth $8,149,000 after buying an additional 37,466 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in VanEck Video Gaming and eSports ETF by 210.4% in the second quarter. Ameriprise Financial Inc. now owns 27,920 shares of the company’s stock valued at $3,058,000 after purchasing an additional 18,925 shares during the last quarter. OLD Mission Capital LLC bought a new stake in shares of VanEck Video Gaming and eSports ETF in the 4th quarter worth about $1,454,000. Finally, Proficio Capital Partners LLC acquired a new stake in VanEck Video Gaming and eSports ETF during the third quarter valued at approximately $1,045,000.

VanEck Video Gaming and eSports ETF Stock Performance

ESPO traded up $1.10 during trading on Friday, reaching $97.74. The company’s stock had a trading volume of 24,090 shares, compared to its average volume of 24,167. The company has a market capitalization of $254.12 million, a price-to-earnings ratio of 27.36 and a beta of 0.98. VanEck Video Gaming and eSports ETF has a 52-week low of $84.93 and a 52-week high of $122.99. The company’s fifty day moving average price is $93.46 and its 200-day moving average price is $91.92.

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.