VanEck Gaming ETF (NASDAQ:BJK) Sees Significant Growth in Short Interest

VanEck Gaming ETF (NASDAQ:BJK) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 20,400 shares, a growth of 482.9% from the March 31st total of 3,500 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is presently 4.6 days.

VanEck Gaming ETF Trading Up 0.1 %

BJK traded up $0.04 during trading hours on Thursday, hitting $40.16. 5,492 shares of the company’s stock were exchanged, compared to its average volume of 4,224. The firm has a market cap of $40.97 million, a P/E ratio of 19.60 and a beta of 1.30. VanEck Gaming ETF has a 12-month low of $37.08 and a 12-month high of $47.49. The firm has a 50 day moving average of $42.66 and a 200 day moving average of $41.47.

Institutional Trading of VanEck Gaming ETF

Large investors have recently modified their holdings of the stock. Capital Advisors Ltd. LLC increased its stake in shares of VanEck Gaming ETF by 29.2% during the first quarter. Capital Advisors Ltd. LLC now owns 1,550 shares of the company’s stock worth $66,000 after buying an additional 350 shares during the period. LaSalle St. Investment Advisors LLC acquired a new position in VanEck Gaming ETF during the 3rd quarter worth approximately $238,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of VanEck Gaming ETF in the 4th quarter valued at approximately $435,000.

About VanEck Gaming ETF

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.