VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Short Interest Up 168.6% in April

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 9,400 shares, a growth of 168.6% from the March 31st total of 3,500 shares. Based on an average daily volume of 17,100 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of VanEck Video Gaming and eSports ETF

Hedge funds have recently added to or reduced their stakes in the business. Assetmark Inc. purchased a new stake in VanEck Video Gaming and eSports ETF in the third quarter worth about $180,000. Florin Court Capital LLP lifted its position in shares of VanEck Video Gaming and eSports ETF by 85.2% during the fourth quarter. Florin Court Capital LLP now owns 29,319 shares of the company’s stock valued at $1,663,000 after buying an additional 13,486 shares during the last quarter. Raymond James & Associates lifted its position in shares of VanEck Video Gaming and eSports ETF by 3.3% during the third quarter. Raymond James & Associates now owns 16,458 shares of the company’s stock valued at $849,000 after buying an additional 527 shares during the last quarter. Kestra Advisory Services LLC lifted its position in shares of VanEck Video Gaming and eSports ETF by 15.9% during the third quarter. Kestra Advisory Services LLC now owns 5,847 shares of the company’s stock valued at $301,000 after buying an additional 802 shares during the last quarter. Finally, ORG Partners LLC purchased a new stake in shares of VanEck Video Gaming and eSports ETF during the fourth quarter valued at about $270,000.

VanEck Video Gaming and eSports ETF Price Performance

NASDAQ:ESPO opened at $60.64 on Friday. VanEck Video Gaming and eSports ETF has a 1-year low of $49.03 and a 1-year high of $65.22. The company has a 50-day moving average of $61.57 and a 200 day moving average of $57.57. The firm has a market cap of $245.59 million, a PE ratio of 27.55 and a beta of 0.77.

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.