VanEck Video Gaming and eSports ETF (NASDAQ:ESPO – Get Free Report) saw a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 12,400 shares, a decrease of 48.8% from the October 15th total of 24,200 shares. Based on an average daily volume of 16,900 shares, the short-interest ratio is currently 0.7 days.
Hedge Funds Weigh In On VanEck Video Gaming and eSports ETF
Several institutional investors and hedge funds have recently modified their holdings of ESPO. Values First Advisors Inc. acquired a new stake in shares of VanEck Video Gaming and eSports ETF during the 3rd quarter worth $58,000. FMR LLC raised its holdings in shares of VanEck Video Gaming and eSports ETF by 41.6% during the third quarter. FMR LLC now owns 820 shares of the company’s stock worth $62,000 after purchasing an additional 241 shares during the period. Lynx Investment Advisory acquired a new position in VanEck Video Gaming and eSports ETF in the second quarter valued at approximately $104,000. RFG Advisory LLC acquired a new stake in shares of VanEck Video Gaming and eSports ETF in the 2nd quarter worth about $222,000. Finally, Rothschild Investment LLC acquired a new position in shares of VanEck Video Gaming and eSports ETF during the second quarter worth approximately $478,000.
VanEck Video Gaming and eSports ETF Stock Performance
VanEck Video Gaming and eSports ETF stock traded up $1.53 during mid-day trading on Thursday, reaching $79.66. 18,759 shares of the company were exchanged, compared to its average volume of 16,748. VanEck Video Gaming and eSports ETF has a twelve month low of $54.14 and a twelve month high of $80.87. The firm’s 50-day simple moving average is $74.48 and its two-hundred day simple moving average is $69.45. The firm has a market cap of $274.83 million, a PE ratio of 29.98 and a beta of 0.77.
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.
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