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

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 14,300 shares, a growth of 116.7% from the June 30th total of 6,600 shares. Based on an average daily volume of 15,000 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On VanEck Video Gaming and eSports ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lynx Investment Advisory purchased a new position in shares of VanEck Video Gaming and eSports ETF in the 2nd quarter worth $104,000. RFG Advisory LLC purchased a new position in VanEck Video Gaming and eSports ETF in the second quarter worth about $222,000. ORG Partners LLC bought a new stake in shares of VanEck Video Gaming and eSports ETF during the 4th quarter valued at about $270,000. Assetmark Inc. increased its position in shares of VanEck Video Gaming and eSports ETF by 107.8% during the 4th quarter. Assetmark Inc. now owns 7,269 shares of the company’s stock valued at $412,000 after purchasing an additional 3,771 shares during the last quarter. Finally, Objectivity Squared LLC bought a new position in shares of VanEck Video Gaming and eSports ETF in the 4th quarter worth approximately $478,000.

VanEck Video Gaming and eSports ETF Stock Performance

Shares of NASDAQ:ESPO traded up $0.60 during midday trading on Friday, reaching $67.24. 3,782 shares of the company’s stock traded hands, compared to its average volume of 16,033. VanEck Video Gaming and eSports ETF has a one year low of $49.03 and a one year high of $70.90. The stock has a 50 day moving average of $66.97 and a 200 day moving average of $63.04. The company has a market cap of $245.43 million, a price-to-earnings 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.