First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) Sees Large Drop in Short Interest

First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 48 shares, a decline of 99.1% from the July 15th total of 5,318 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 403 shares, the short-interest ratio is presently 0.1 days.

First Trust S-Network Streaming and Gaming ETF Stock Down 0.4%

Shares of First Trust S-Network Streaming and Gaming ETF stock traded down $0.12 during trading hours on Tuesday, hitting $32.51. The company’s stock had a trading volume of 241 shares, compared to its average volume of 1,512. First Trust S-Network Streaming and Gaming ETF has a 1-year low of $29.39 and a 1-year high of $41.04. The business has a fifty day moving average of $31.21 and a 200 day moving average of $31.57. The company has a market capitalization of $4.88 million, a PE ratio of 26.85 and a beta of 1.11.

Institutional Trading of First Trust S-Network Streaming and Gaming ETF

An institutional investor recently bought a new position in First Trust S-Network Streaming and Gaming ETF stock. International Assets Investment Management LLC purchased a new stake in First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 935 shares of the company’s stock, valued at approximately $35,000. International Assets Investment Management LLC owned approximately 0.47% of First Trust S-Network Streaming and Gaming ETF at the end of the most recent quarter.

First Trust S-Network Streaming and Gaming ETF Company Profile

The First Trust S-Network Streaming & Gaming ETF (BNGE) is an exchange-traded fund that is based on the S-Network Streaming & Gaming index. The fund tracks a market cap-weighted index of companies around the globe that are actively involved in content streaming, eSports, and iGaming. BNGE was launched on Jan 25, 2022 and is managed by First Trust.