FlexShares STOXX US ESG Select Index Fund (BATS:ESG) Short Interest Down 73.1% in May

FlexShares STOXX US ESG Select Index Fund (BATS:ESG) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 35 shares, a decrease of 73.1% from the April 30th total of 130 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 854 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ESG. Royal Bank of Canada increased its stake in FlexShares STOXX US ESG Select Index Fund by 101.3% in the first quarter. Royal Bank of Canada now owns 13,608 shares of the company’s stock valued at $2,065,000 after purchasing an additional 6,848 shares during the period. Cetera Investment Advisers boosted its stake in shares of FlexShares STOXX US ESG Select Index Fund by 4.6% during the first quarter. Cetera Investment Advisers now owns 3,551 shares of the company’s stock worth $539,000 after buying an additional 157 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of FlexShares STOXX US ESG Select Index Fund during the fourth quarter worth about $484,000. Kestra Advisory Services LLC purchased a new position in shares of FlexShares STOXX US ESG Select Index Fund during the fourth quarter worth about $47,000. Finally, LPL Financial LLC increased its position in FlexShares STOXX US ESG Select Index Fund by 11.9% in the 4th quarter. LPL Financial LLC now owns 50,987 shares of the company’s stock valued at $8,069,000 after acquiring an additional 5,423 shares during the period.

FlexShares STOXX US ESG Select Index Fund Price Performance

Shares of ESG remained flat at $174.92 during mid-day trading on Friday. 599 shares of the stock were exchanged, compared to its average volume of 1,185. The stock’s 50-day simple moving average is $162.29 and its two-hundred day simple moving average is $159.76. The stock has a market cap of $144.31 million, a PE ratio of 24.02 and a beta of 1.04. FlexShares STOXX US ESG Select Index Fund has a twelve month low of $140.23 and a twelve month high of $174.99.

FlexShares STOXX US ESG Select Index Fund Company Profile

The FlexShares STOXX US ESG Select Index Fund (ESG) is an exchange-traded fund that is based on the STOXX USA ESG Select KPIs index. The fund follows a principles-based index composed of US-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. ESG was launched on Jul 13, 2016 and is managed by FlexShares.