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 growth in short interest in the month of July. As of July 31st, there was short interest totaling 17,956 shares, a growth of 184.2% from the July 15th total of 6,317 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 18,081 shares, the days-to-cover ratio is currently 1.0 days.

VanEck Video Gaming and eSports ETF Trading Up 2.4%

VanEck Video Gaming and eSports ETF stock traded up $2.32 on Friday, reaching $99.78. 16,114 shares of the stock were exchanged, compared to its average volume of 25,001. VanEck Video Gaming and eSports ETF has a twelve month low of $84.93 and a twelve month high of $122.99. The firm has a fifty day moving average price of $91.71 and a two-hundred day moving average price of $92.15. The stock has a market cap of $259.43 million, a PE ratio of 27.36 and a beta of 0.98.

Hedge Funds Weigh In On VanEck Video Gaming and eSports ETF

Several large investors have recently made changes to their positions in the business. Assetmark Inc. boosted its stake in VanEck Video Gaming and eSports ETF by 35.9% during the 4th quarter. Assetmark Inc. now owns 140,427 shares of the company’s stock valued at $14,549,000 after purchasing an additional 37,069 shares during the period. Bank of America Corp DE increased its position in VanEck Video Gaming and eSports ETF by 1.0% in the 2nd quarter. Bank of America Corp DE now owns 91,261 shares of the company’s stock worth $9,997,000 after buying an additional 920 shares during the period. Van ECK Associates Corp lifted its holdings in shares of VanEck Video Gaming and eSports ETF by 91.0% during the fourth 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 during the last quarter. Jane Street Group LLC acquired a new position in shares of VanEck Video Gaming and eSports ETF during the fourth quarter worth approximately $5,974,000. Finally, Ameriprise Financial Inc. boosted its position in shares of 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 acquiring an additional 18,925 shares during the period.

VanEck Video Gaming and eSports ETF Company Profile

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.