VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Short Interest Down 28.6% in February

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 48,100 shares, a decline of 28.6% from the February 13th total of 67,400 shares. Based on an average daily volume of 31,900 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.4% of the company’s shares are short sold.

Institutional Trading of VanEck Video Gaming and eSports ETF

Large investors have recently bought and sold shares of the company. Park Square Financial Group LLC bought a new position in shares of VanEck Video Gaming and eSports ETF in the 4th quarter worth approximately $58,000. FMR LLC raised its holdings in VanEck Video Gaming and eSports ETF by 41.6% in the third quarter. FMR LLC now owns 820 shares of the company’s stock worth $62,000 after purchasing an additional 241 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in VanEck Video Gaming and eSports ETF by 299.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 827 shares of the company’s stock worth $69,000 after purchasing an additional 620 shares in the last quarter. Stephens Consulting LLC lifted its position in VanEck Video Gaming and eSports ETF by 237.9% during the fourth quarter. Stephens Consulting LLC now owns 865 shares of the company’s stock valued at $72,000 after buying an additional 609 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of VanEck Video Gaming and eSports ETF by 101.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,192 shares of the company’s stock valued at $91,000 after buying an additional 600 shares in the last quarter.

VanEck Video Gaming and eSports ETF Trading Down 1.7 %

NASDAQ ESPO traded down $1.56 during trading on Tuesday, hitting $88.66. The company had a trading volume of 16,941 shares, compared to its average volume of 20,373. The company’s fifty day moving average is $88.71 and its 200-day moving average is $81.99. The company has a market cap of $297.02 million, a price-to-earnings ratio of 31.95 and a beta of 0.77. VanEck Video Gaming and eSports ETF has a one year low of $57.84 and a one year high of $97.45.

VanEck Video Gaming and eSports ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a $0.365 dividend. The ex-dividend date was Monday, December 23rd.

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.