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

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

VanEck Video Gaming and eSports ETF Stock Up 0.1 %

Shares of ESPO traded up $0.08 during mid-day trading on Wednesday, hitting $86.25. 31,788 shares of the company’s stock were exchanged, compared to its average volume of 25,506. VanEck Video Gaming and eSports ETF has a 52 week low of $57.07 and a 52 week high of $89.58. The stock’s 50-day simple moving average is $84.48 and its 200-day simple moving average is $76.43. The firm has a market cap of $288.93 million, a price-to-earnings ratio of 29.98 and a beta of 0.77.

VanEck Video Gaming and eSports ETF Announces Dividend

The firm also recently announced 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 Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. FMR LLC boosted its position in shares of VanEck Video Gaming and eSports ETF by 41.6% during the 3rd quarter. FMR LLC now owns 820 shares of the company’s stock worth $62,000 after acquiring an additional 241 shares in the last quarter. Jane Street Group LLC boosted its position 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 in the last quarter. JPMorgan Chase & Co. boosted its position in shares of VanEck Video Gaming and eSports ETF by 101.4% during the 3rd 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. Stephens Consulting LLC boosted its position in shares of VanEck Video Gaming and eSports ETF by 237.9% during the 4th quarter. Stephens Consulting LLC now owns 865 shares of the company’s stock worth $72,000 after acquiring an additional 609 shares in the last quarter. Finally, Values First Advisors Inc. acquired a new stake in VanEck Video Gaming and eSports ETF in the third quarter valued at approximately $58,000.

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.