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

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the recipient of 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 trading volume, of 18,600 shares, the days-to-cover ratio is currently 0.7 days.

VanEck Video Gaming and eSports ETF Stock Performance

ESPO traded up $1.83 during midday trading on Thursday, reaching $88.14. 13,454 shares of the company were exchanged, compared to its average volume of 25,355. The stock has a market capitalization of $295.27 million, a P/E ratio of 29.98 and a beta of 0.77. VanEck Video Gaming and eSports ETF has a one year low of $57.07 and a one year high of $89.58. The stock’s 50-day simple moving average is $84.56 and its 200 day simple moving average is $76.50.

VanEck Video Gaming and eSports ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a $0.365 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of VanEck Video Gaming and eSports ETF

Large investors have recently made changes to their positions in the company. Values First Advisors Inc. bought a new stake in shares of VanEck Video Gaming and eSports ETF in the third quarter worth about $58,000. FMR LLC grew its position in shares of VanEck Video Gaming and eSports ETF by 41.6% in the 3rd quarter. FMR LLC now owns 820 shares of the company’s stock valued at $62,000 after purchasing an additional 241 shares during the period. Stephens Consulting LLC increased its stake in 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 purchasing an additional 609 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in 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 buying an additional 600 shares during the period. Finally, Stifel Financial Corp acquired a new stake in VanEck Video Gaming and eSports ETF during the 3rd quarter worth approximately $225,000.

About VanEck Video Gaming and eSports ETF

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.