VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Sees Large Increase in Short Interest

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 41,300 shares, an increase of 104.5% from the January 15th total of 20,200 shares. Based on an average daily volume of 24,100 shares, the short-interest ratio is presently 1.7 days.

VanEck Video Gaming and eSports ETF Stock Up 1.4 %

Shares of ESPO stock opened at $95.24 on Friday. The company has a 50 day moving average of $85.92 and a 200-day moving average of $78.31. The firm has a market cap of $319.05 million, a P/E ratio of 29.98 and a beta of 0.77. VanEck Video Gaming and eSports ETF has a 12-month low of $57.84 and a 12-month high of $95.47.

VanEck Video Gaming and eSports ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.365 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of VanEck Video Gaming and eSports ETF

A number of hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. lifted its holdings in shares of 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 worth $8,928,000 after acquiring an additional 117,196 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of VanEck Video Gaming and eSports ETF by 6.6% during the 4th quarter. LPL Financial LLC now owns 80,999 shares of the company’s stock worth $6,754,000 after acquiring an additional 4,994 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of VanEck Video Gaming and eSports ETF by 55,197.6% during the 4th quarter. Van ECK Associates Corp now owns 46,450 shares of the company’s stock worth $3,873,000 after acquiring an additional 46,366 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of VanEck Video Gaming and eSports ETF by 13.4% during the 4th quarter. Assetmark Inc. now owns 24,858 shares of the company’s stock worth $2,073,000 after acquiring an additional 2,935 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of VanEck Video Gaming and eSports ETF by 2.5% during the 3rd quarter. Jane Street Group LLC now owns 17,363 shares of the company’s stock worth $1,321,000 after acquiring an additional 431 shares during 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.