VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Short Interest Down 28.6% in February

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 48,100 shares, a decline of 28.6% from the February 13th total of 67,400 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,900 shares, the short-interest ratio is currently 1.5 days.

VanEck Video Gaming and eSports ETF Stock Performance

Shares of NASDAQ:ESPO traded up $1.31 during trading on Monday, reaching $90.04. The stock had a trading volume of 14,206 shares, compared to its average volume of 20,322. VanEck Video Gaming and eSports ETF has a 1-year low of $57.84 and a 1-year high of $97.45. The stock has a market cap of $301.62 million, a PE ratio of 31.95 and a beta of 0.77. The business has a fifty day moving average price of $88.62 and a 200-day moving average price of $81.85.

VanEck Video Gaming and eSports ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.365 per share. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On VanEck Video Gaming and eSports ETF

A number of hedge funds have recently modified their holdings of ESPO. Park Square Financial Group LLC purchased a new stake in VanEck Video Gaming and eSports ETF during the 4th quarter valued at about $58,000. FMR LLC increased its holdings in shares of VanEck Video Gaming and eSports ETF by 41.6% in the third quarter. FMR LLC now owns 820 shares of the company’s stock valued at $62,000 after purchasing an additional 241 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in VanEck Video Gaming and eSports ETF by 299.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 827 shares of the company’s stock worth $69,000 after buying an additional 620 shares in the last quarter. Stephens Consulting LLC boosted its stake in VanEck Video Gaming and eSports ETF by 237.9% during the fourth quarter. Stephens Consulting LLC now owns 865 shares of the company’s stock worth $72,000 after buying an additional 609 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in VanEck Video Gaming and eSports ETF by 101.4% during the third quarter. JPMorgan Chase & Co. now owns 1,192 shares of the company’s stock worth $91,000 after buying an additional 600 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.