VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Sees Large Decrease in Short Interest


VanEck Video Gaming and eSports ETF (NASDAQ:ESPO – Get Rating) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 30,600 shares, a decrease of 11.3% from the September 15th total of 34,500 shares. Based on an average daily trading volume, of 31,900 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Investors Weigh In On VanEck Video Gaming and eSports ETF

Hedge funds have recently made changes to their positions in the stock. Signaturefd LLC acquired a new stake in shares of VanEck Video Gaming and eSports ETF in the first quarter valued at approximately $35,000. Zullo Investment Group Inc. grew its stake in VanEck Video Gaming and eSports ETF by 16,300.0% in the 1st quarter. Zullo Investment Group Inc. now owns 656 shares of the company’s stock valued at $38,000 after buying an additional 652 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of VanEck Video Gaming and eSports ETF by 64.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 659 shares of the company’s stock worth $31,000 after purchasing an additional 259 shares in the last quarter. Joseph P. Lucia & Associates LLC bought a new stake in shares of VanEck Video Gaming and eSports ETF during the 1st quarter worth approximately $46,000. Finally, Lehman & Derafelo Financial Resources LLC bought a new position in VanEck Video Gaming and eSports ETF in the 2nd quarter valued at approximately $48,000.

VanEck Video Gaming and eSports ETF Price Performance

Shares of NASDAQ:ESPO traded down $1.46 on Friday, reaching $38.39. 15,027 shares of the company traded hands, compared to its average volume of 58,331. The company’s 50 day moving average is $45.41 and its 200-day moving average is $48.97. VanEck Video Gaming and eSports ETF has a fifty-two week low of $38.12 and a fifty-two week high of $76.98.

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