Short Interest in VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Drops By 21.8%

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 9,700 shares, a decline of 21.8% from the October 31st total of 12,400 shares. Based on an average daily trading volume, of 17,300 shares, the short-interest ratio is currently 0.6 days.

VanEck Video Gaming and eSports ETF Trading Up 1.5 %

VanEck Video Gaming and eSports ETF stock opened at $84.74 on Friday. VanEck Video Gaming and eSports ETF has a 12-month low of $54.14 and a 12-month high of $84.91. The firm has a market capitalization of $292.35 million, a price-to-earnings ratio of 29.98 and a beta of 0.77. The firm has a 50 day moving average of $77.12 and a 200 day moving average of $71.03.

Institutional Trading of VanEck Video Gaming and eSports ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Jane Street Group LLC increased its stake in VanEck Video Gaming and eSports ETF by 2.5% in the 3rd quarter. Jane Street Group LLC now owns 17,363 shares of the company’s stock worth $1,321,000 after buying an additional 431 shares in the last quarter. Stifel Financial Corp bought a new position in shares of VanEck Video Gaming and eSports ETF in the third quarter worth about $225,000. FMR LLC grew its position 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 in the last quarter. PNC Financial Services Group Inc. raised its stake in VanEck Video Gaming and eSports ETF by 78,130.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 117,346 shares of the company’s stock valued at $8,928,000 after purchasing an additional 117,196 shares during the period. Finally, Assetmark Inc. lifted its holdings in VanEck Video Gaming and eSports ETF by 6.3% in the 3rd quarter. Assetmark Inc. now owns 21,923 shares of the company’s stock worth $1,668,000 after purchasing an additional 1,297 shares in the last quarter.

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.