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

VanEck Gaming ETF (NASDAQ:BJK – Get Rating) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 74,500 shares, an increase of 60.9% from the April 30th total of 46,300 shares. Based on an average trading volume of 15,800 shares, the short-interest ratio is presently 4.7 days.

VanEck Gaming ETF Trading Up 0.5 %

BJK stock traded up $0.21 during mid-day trading on Friday, hitting $43.36. 8,821 shares of the company were exchanged, compared to its average volume of 18,627. The company has a market capitalization of $93.22 million, a PE ratio of 9.51 and a beta of 1.30. VanEck Gaming ETF has a twelve month low of $31.47 and a twelve month high of $47.17. The firm has a fifty day simple moving average of $45.46 and a 200 day simple moving average of $44.22.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. J Arnold Wealth Management Co boosted its holdings in shares of VanEck Gaming ETF by 2.4% in the 1st quarter. J Arnold Wealth Management Co now owns 494,178 shares of the company’s stock valued at $21,922,000 after buying an additional 11,375 shares during the period. Jane Street Group LLC boosted its holdings in shares of VanEck Gaming ETF by 2,210.2% in the 4th quarter. Jane Street Group LLC now owns 281,080 shares of the company’s stock valued at $10,845,000 after buying an additional 268,913 shares during the period. Capital Advisors Ltd. LLC boosted its holdings in shares of VanEck Gaming ETF by 2.4% in the 4th quarter. Capital Advisors Ltd. LLC now owns 222,872 shares of the company’s stock valued at $8,599,000 after buying an additional 5,272 shares during the period. LPL Financial LLC boosted its holdings in shares of VanEck Gaming ETF by 30.2% in the 2nd quarter. LPL Financial LLC now owns 120,425 shares of the company’s stock valued at $4,085,000 after buying an additional 27,898 shares during the period. Finally, Morgan Stanley boosted its holdings in shares of VanEck Gaming ETF by 12.4% in the 4th quarter. Morgan Stanley now owns 86,482 shares of the company’s stock valued at $3,337,000 after buying an additional 9,537 shares during the period.

About VanEck Gaming ETF

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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.