First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) Short Interest Down 40.0% in June

First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 6 shares, a drop of 40.0% from the June 15th total of 10 shares. Based on an average daily trading volume, of 466 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On First Trust S-Network Streaming and Gaming ETF

An institutional investor recently bought a new stake in First Trust S-Network Streaming and Gaming ETF stock. International Assets Investment Management LLC purchased a new stake in shares of First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 935 shares of the company’s stock, valued at approximately $35,000. International Assets Investment Management LLC owned approximately 0.47% of First Trust S-Network Streaming and Gaming ETF at the end of the most recent quarter.

First Trust S-Network Streaming and Gaming ETF Trading Down 1.2%

Shares of NYSEARCA BNGE opened at $31.28 on Friday. The company has a 50 day simple moving average of $30.95 and a two-hundred day simple moving average of $32.30. The stock has a market cap of $4.69 million, a price-to-earnings ratio of 26.85 and a beta of 1.12. First Trust S-Network Streaming and Gaming ETF has a 12 month low of $29.39 and a 12 month 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.