VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Short Interest Update

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 17,956 shares, an increase of 184.2% from the July 15th total of 6,317 shares. Based on an average daily trading volume, of 18,081 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.7% of the company’s shares are short sold.

Hedge Funds Weigh In On VanEck Video Gaming and eSports ETF

Several large investors have recently made changes to their positions in ESPO. Kestra Advisory Services LLC increased its position in VanEck Video Gaming and eSports ETF by 2.2% in the first quarter. Kestra Advisory Services LLC now owns 5,986 shares of the company’s stock worth $542,000 after purchasing an additional 129 shares during the period. Wells Fargo & Company MN lifted its position in VanEck Video Gaming and eSports ETF by 1.0% during the 4th quarter. Wells Fargo & Company MN now owns 18,411 shares of the company’s stock valued at $1,907,000 after purchasing an additional 183 shares during the period. Great Valley Advisor Group Inc. lifted its position in VanEck Video Gaming and eSports ETF by 7.6% during the 4th quarter. Great Valley Advisor Group Inc. now owns 2,889 shares of the company’s stock valued at $299,000 after purchasing an additional 204 shares during the period. Stifel Financial Corp boosted its stake in shares of VanEck Video Gaming and eSports ETF by 10.9% in the 4th quarter. Stifel Financial Corp now owns 2,104 shares of the company’s stock valued at $218,000 after purchasing an additional 206 shares during the last quarter. Finally, HRT Financial LP boosted its stake in shares of VanEck Video Gaming and eSports ETF by 9.2% in the 4th quarter. HRT Financial LP now owns 3,247 shares of the company’s stock valued at $336,000 after purchasing an additional 273 shares during the last quarter.

VanEck Video Gaming and eSports ETF Stock Performance

Shares of ESPO opened at $99.78 on Friday. The business’s fifty day moving average price is $91.71 and its two-hundred day moving average price is $92.15. The firm has a market capitalization of $259.43 million, a price-to-earnings ratio of 27.36 and a beta of 0.98. VanEck Video Gaming and eSports ETF has a 52 week low of $84.93 and a 52 week high of $122.99.

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.