VanEck Gaming ETF (NASDAQ:BJK) Short Interest Update

VanEck Gaming ETF (NASDAQ:BJK) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 15,300 shares, a decline of 21.1% from the November 15th total of 19,400 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 4.8 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC purchased a new position in VanEck Gaming ETF in the third quarter valued at approximately $567,000. Harbour Investments Inc. purchased a new stake in VanEck Gaming ETF in the third quarter valued at $288,000. Finally, ORG Partners LLC acquired a new position in VanEck Gaming ETF in the second quarter valued at $31,000.

VanEck Gaming ETF Price Performance

VanEck Gaming ETF stock traded down $0.30 during trading on Friday, reaching $44.08. 1,001 shares of the company were exchanged, compared to its average volume of 3,468. The stock’s 50 day simple moving average is $43.99 and its two-hundred day simple moving average is $41.90. VanEck Gaming ETF has a 52-week low of $37.24 and a 52-week high of $45.53. The company has a market capitalization of $35.26 million, a P/E ratio of 19.97 and a beta of 1.30.

VanEck Gaming ETF Company Profile

The VanEck Gaming ETF (BJK) is an exchange-traded fund that is based on the MVIS Global Gaming index, a market-cap-weighted index of global companies that generate at least 50% of revenues from gaming and related activities. BJK was launched on Jan 22, 2008 and is managed by VanEck.