VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Short Interest Up 166.9% in February

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 15,991 shares, a growth of 166.9% from the January 29th total of 5,991 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 41,438 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 41,438 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.5% of the company’s shares are short sold.

VanEck Video Gaming and eSports ETF Trading Up 0.8%

NASDAQ ESPO opened at $94.52 on Friday. The firm has a market capitalization of $297.74 million, a PE ratio of 27.36 and a beta of 1.03. The business’s 50-day moving average price is $100.83 and its two-hundred day moving average price is $109.64. VanEck Video Gaming and eSports ETF has a 12 month low of $77.91 and a 12 month high of $122.99.

VanEck Video Gaming and eSports ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $1.289 dividend. The ex-dividend date was Monday, December 22nd. This represents a yield of 124.0%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ESPO. Horizon Wealth Management LLC bought a new stake in shares of VanEck Video Gaming and eSports ETF in the 3rd quarter valued at $17,599,000. Assetmark Inc. lifted its holdings in VanEck Video Gaming and eSports ETF by 190.5% in the third quarter. Assetmark Inc. now owns 103,358 shares of the company’s stock valued at $12,530,000 after buying an additional 67,775 shares during the period. Jane Street Group LLC bought a new stake in VanEck Video Gaming and eSports ETF during the fourth quarter valued at $5,974,000. Van ECK Associates Corp grew its holdings in VanEck Video Gaming and eSports ETF by 91.0% during the 4th quarter. Van ECK Associates Corp now owns 78,660 shares of the company’s stock worth $8,149,000 after acquiring an additional 37,466 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in VanEck Video Gaming and eSports ETF by 210.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 27,920 shares of the company’s stock worth $3,058,000 after acquiring an additional 18,925 shares during the period.

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.