Short Interest in VanEck Gaming ETF (NASDAQ:BJK) Increases By 482.9%

VanEck Gaming ETF (NASDAQ:BJK) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 20,400 shares, a growth of 482.9% from the March 31st total of 3,500 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 4.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in shares of VanEck Gaming ETF during the 4th quarter valued at $435,000. LaSalle St. Investment Advisors LLC acquired a new position in shares of VanEck Gaming ETF in the 3rd quarter worth $238,000. Finally, Capital Advisors Ltd. LLC lifted its position in shares of VanEck Gaming ETF by 29.2% in the 1st quarter. Capital Advisors Ltd. LLC now owns 1,550 shares of the company’s stock valued at $66,000 after acquiring an additional 350 shares in the last quarter.

VanEck Gaming ETF Stock Performance

BJK stock traded up $0.14 during trading on Friday, hitting $40.30. 1,789 shares of the company’s stock traded hands, compared to its average volume of 4,192. VanEck Gaming ETF has a 52 week low of $37.08 and a 52 week high of $47.49. The stock has a market capitalization of $41.11 million, a price-to-earnings ratio of 19.60 and a beta of 1.30. The business has a fifty day simple moving average of $42.58 and a 200 day simple moving average of $41.48.

About VanEck Gaming ETF

The VanEck Gaming ETF (BJK) is an exchange-traded fund that is based on the MVIS Global Gaming index, a market-cap-weighted index of global companies that generate at least 50% of revenues from gaming and related activities. BJK was launched on Jan 22, 2008 and is managed by VanEck.