VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Sees Strong Short-Term Interest Growth

The VanEck Video Gaming and eSports ETF (NASDAQ:ESPO – Get Rating) was the target of strong growth in short-term interest in May. As of May 31, there were short interests totaling 215,900 shares, a growth of 171.9% from the total of 79,400 shares as of May 15. Based on an average daily trading volume of 57,500 shares, the short-term interest rate ratio is currently 3.8 days.
VanEck Video Gaming and eSports ETF stock opened at $51.06 on Friday. VanEck Video Gaming and eSports ETF has a 52 week low of $45.10 and a 52 week high of $76.98. The company’s 50-day simple moving average is $51.96 and its 200-day simple moving average is $59.04.
Institutional investors have recently increased or reduced their stake in the stock. Edmond DE Rothschild Holding SA purchased a new equity stake in VanEck Video Gaming and eSports ETF in Q4 for a value of approximately $32,000. Signaturefd LLC bought a new stake in the shares of VanEck Video Gaming and eSports ETF in Q1 for a value of approximately $35,000. Zullo Investment Group Inc. increased its position in VanEck Video Gaming and eSports ETF shares by 16,300.0% in Q1. Zullo Investment Group Inc. now owns 656 shares of the company worth $38,000 after purchasing an additional 652 shares in the last quarter. Salem Investment Counselors Inc. purchased a new stake in shares of VanEck Video Gaming and eSports ETF in Q4 for a value of approximately $43,000. Finally, Joseph P. Lucia & Associates LLC purchased a new equity stake in VanEck Video Gaming and eSports ETF in Q1 for approximately $46,000.
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