VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Short Interest Up 960.9% in January

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 53,903 shares, an increase of 960.9% from the December 31st total of 5,081 shares. Currently, 1.7% of the company’s shares are short sold. Based on an average trading volume of 58,148 shares, the short-interest ratio is currently 0.9 days. Based on an average trading volume of 58,148 shares, the short-interest ratio is currently 0.9 days. Currently, 1.7% of the company’s shares are short sold.

Hedge Funds Weigh In On VanEck Video Gaming and eSports ETF

A number of large investors have recently added to or reduced their stakes in the company. Horizon Wealth Management LLC acquired a new stake in shares of VanEck Video Gaming and eSports ETF in the 3rd quarter valued at about $17,599,000. Assetmark Inc. raised its position in VanEck Video Gaming and eSports ETF by 35.9% in the 4th quarter. Assetmark Inc. now owns 140,427 shares of the company’s stock valued at $14,549,000 after buying an additional 37,069 shares during the last quarter. Bank of America Corp DE lifted its stake in VanEck Video Gaming and eSports ETF by 1.0% in the 2nd quarter. Bank of America Corp DE now owns 91,261 shares of the company’s stock valued at $9,997,000 after acquiring an additional 920 shares in the last quarter. Ameriprise Financial Inc. boosted its position in VanEck Video Gaming and eSports ETF by 210.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 27,920 shares of the company’s stock worth $3,058,000 after acquiring an additional 18,925 shares during the last quarter. Finally, Florin Court Capital LLP boosted its position in VanEck Video Gaming and eSports ETF by 11.6% during the 3rd quarter. Florin Court Capital LLP now owns 25,323 shares of the company’s stock worth $3,070,000 after acquiring an additional 2,634 shares during the last quarter.

VanEck Video Gaming and eSports ETF Price Performance

Shares of VanEck Video Gaming and eSports ETF stock traded up $0.02 during trading hours on Wednesday, hitting $106.36. The company’s stock had a trading volume of 19,458 shares, compared to its average volume of 48,176. The company has a market capitalization of $340.34 million, a PE ratio of 27.36 and a beta of 1.03. The stock has a 50 day moving average of $106.27 and a 200 day moving average of $111.58. VanEck Video Gaming and eSports ETF has a 12 month low of $77.91 and a 12 month high of $122.99.

VanEck Video Gaming and eSports ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $1.289 per share. This represents a yield of 124.0%. The ex-dividend date was Monday, December 22nd.

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.