Short Interest in VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Expands By 200.0%

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 13,800 shares, a growth of 200.0% from the December 15th total of 4,600 shares. Based on an average daily volume of 18,600 shares, the short-interest ratio is presently 0.7 days.

VanEck Video Gaming and eSports ETF Price Performance

NASDAQ:ESPO traded up $2.03 during trading hours on Wednesday, reaching $84.12. 26,692 shares of the company were exchanged, compared to its average volume of 32,855. The firm has a market cap of $281.80 million, a price-to-earnings ratio of 29.98 and a beta of 0.77. The stock has a 50 day simple moving average of $83.48 and a 200 day simple moving average of $75.27. VanEck Video Gaming and eSports ETF has a 52-week low of $54.54 and a 52-week high of $89.58.

VanEck Video Gaming and eSports ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a $0.365 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On VanEck Video Gaming and eSports ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Values First Advisors Inc. purchased a new position in shares of VanEck Video Gaming and eSports ETF in the 3rd quarter worth about $58,000. FMR LLC lifted its position in VanEck Video Gaming and eSports ETF by 41.6% during the third quarter. FMR LLC now owns 820 shares of the company’s stock valued at $62,000 after buying an additional 241 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of VanEck Video Gaming and eSports ETF by 101.4% in the third quarter. JPMorgan Chase & Co. now owns 1,192 shares of the company’s stock worth $91,000 after acquiring an additional 600 shares in the last quarter. Stifel Financial Corp acquired a new stake in shares of VanEck Video Gaming and eSports ETF in the third quarter worth $225,000. Finally, Jane Street Group LLC raised its stake in shares of 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 valued at $1,321,000 after acquiring an additional 431 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.