VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Short Interest Up 200.0% in January

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 13,800 shares, an increase of 200.0% from the December 31st total of 4,600 shares. Based on an average daily trading volume, of 18,600 shares, the short-interest ratio is presently 0.7 days.

VanEck Video Gaming and eSports ETF Stock Up 2.1 %

ESPO stock traded up $1.83 during mid-day trading on Thursday, reaching $88.14. 13,454 shares of the stock traded hands, compared to its average volume of 25,355. The firm has a market capitalization of $295.27 million, a PE ratio of 29.98 and a beta of 0.77. The business has a 50-day moving average of $84.56 and a two-hundred day moving average of $76.50. VanEck Video Gaming and eSports ETF has a 52 week low of $57.07 and a 52 week high of $89.58.

VanEck Video Gaming and eSports ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a $0.365 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Values First Advisors Inc. acquired a new stake in VanEck Video Gaming and eSports ETF during the 3rd quarter valued at $58,000. FMR LLC boosted its position in 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 buying an additional 241 shares during the last quarter. Stephens Consulting LLC increased its stake in shares of VanEck Video Gaming and eSports ETF by 237.9% in the 4th quarter. Stephens Consulting LLC now owns 865 shares of the company’s stock valued at $72,000 after buying an additional 609 shares during the period. JPMorgan Chase & Co. raised its position in shares of VanEck Video Gaming and eSports ETF by 101.4% during the third quarter. JPMorgan Chase & Co. now owns 1,192 shares of the company’s stock worth $91,000 after acquiring an additional 600 shares during the last quarter. Finally, Stifel Financial Corp acquired a new position in shares of VanEck Video Gaming and eSports ETF during the third quarter valued at $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.