VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Shares Shorted: Short Interest Up 915.6% in September

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 54,629 shares, a growth of 915.6% from the September 15th total of 5,379 shares. Currently, 2.1% of the shares of the stock are short sold. Based on an average trading volume of 10,327 shares, the short-interest ratio is currently 5.3 days.

VanEck Video Gaming and eSports ETF Price Performance

NASDAQ:ESPO traded up $2.61 during mid-day trading on Friday, reaching $100.11. The stock had a trading volume of 16,735 shares, compared to its average volume of 22,424. VanEck Video Gaming and eSports ETF has a 12 month low of $84.93 and a 12 month high of $118.27. The stock has a market capitalization of $255.28 million, a PE ratio of 27.36 and a beta of 0.98. The stock has a 50-day simple moving average of $97.43 and a two-hundred day simple moving average of $92.90.

Hedge Funds Weigh In On VanEck Video Gaming and eSports ETF

Several hedge funds and other institutional investors have recently modified their holdings of ESPO. Integrated Wealth Concepts LLC bought a new stake in shares of VanEck Video Gaming and eSports ETF during the 2nd quarter worth $143,000. Kestra Advisory Services LLC boosted its stake in VanEck Video Gaming and eSports ETF by 2.2% in the first quarter. Kestra Advisory Services LLC now owns 5,986 shares of the company’s stock valued at $542,000 after buying an additional 129 shares in the last quarter. Finally, Royal Bank of Canada grew its position in VanEck Video Gaming and eSports ETF by 17.6% in the first quarter. Royal Bank of Canada now owns 15,647 shares of the company’s stock valued at $1,416,000 after acquiring an additional 2,341 shares during the last quarter.

VanEck Video Gaming and eSports ETF Company Profile

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.