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

First Trust S-Network Streaming and Gaming ETF (NYSEARCA:BNGE) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 144 shares, a decline of 62.9% from the December 15th total of 388 shares. Based on an average daily volume of 3,914 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,914 shares, the days-to-cover ratio is presently 0.0 days.

First Trust S-Network Streaming and Gaming ETF Price Performance

Shares of BNGE stock traded down $0.12 on Friday, hitting $37.14. 8,187 shares of the company’s stock were exchanged, compared to its average volume of 2,669. The company has a 50 day moving average of $37.75 and a 200 day moving average of $38.39. The stock has a market cap of $7.43 million, a P/E ratio of 26.85 and a beta of 1.23. First Trust S-Network Streaming and Gaming ETF has a 12 month low of $26.01 and a 12 month high of $41.04.

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.