Short Interest in VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Decreases By 52.5%

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO – Get Rating) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 102,500 shares, a decrease of 52.5% from the May 31st total of 215,900 shares. Based on an average daily volume of 56,300 shares, the short-interest ratio is presently 1.8 days.

A number of institutional investors have recently made changes to their positions in the business. Citadel Advisors LLC boosted its stake in shares of VanEck Video Gaming and eSports ETF by 162.0% during the 3rd quarter. Citadel Advisors LLC now owns 116,829 shares of the company’s stock valued at $7,594,000 after purchasing an additional 72,232 shares in the last quarter. Prudential PLC bought a new position in shares of VanEck Video Gaming and eSports ETF in the fourth quarter worth approximately $2,377,000. Main Management ETF Advisors LLC boosted its position in shares of VanEck Video Gaming and eSports ETF by 17.9% during the first quarter. Main Management ETF Advisors LLC now owns 112,455 shares of the company’s stock worth $6,533,000 after acquiring an additional 17,085 shares during the last quarter. Bank of America Corp DE boosted its position in shares of VanEck Video Gaming and eSports ETF by 5.2% during the fourth quarter. Bank of America Corp DE now owns 177,703 shares of the company’s stock worth $11,771,000 after acquiring an additional 8,739 shares during the last quarter. Finally, Meitav Dash Investments Ltd. boosted its position in shares of VanEck Video Gaming and eSports ETF by 3.5% during the fourth quarter. Meitav Dash Investments Ltd. now owns 225,901 shares of the company’s stock worth $15,364,000 after acquiring an additional 7,565 shares during the last quarter.

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Shares of VanEck Video Gaming and eSports ETF stock traded down $0.99 on Thursday, reaching $47.37. 2,635 shares of the company traded hands, compared to its average volume of 73,481. The company has a 50 day moving average of $50.05 and a 200 day moving average of $57.06. VanEck Video Gaming and eSports ETF has a 52 week low of $45.10 and a 52 week high of $76.98.

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