Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Large Increase in Short Interest

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 129,753 shares, a growth of 399.4% from the July 30th total of 25,983 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 156,137 shares, the short-interest ratio is presently 0.8 days.

Eagle Capital Select Equity ETF Trading Up 0.1%

EAGL traded up $0.03 during trading hours on Thursday, hitting $35.82. 144,697 shares of the company’s stock were exchanged, compared to its average volume of 327,233. The firm has a market cap of $4.75 billion, a P/E ratio of 19.27 and a beta of 0.75. Eagle Capital Select Equity ETF has a 12-month low of $29.23 and a 12-month high of $36.05. The firm has a 50 day moving average of $33.61 and a 200 day moving average of $32.52.

Institutional Trading of Eagle Capital Select Equity ETF

A number of large investors have recently modified their holdings of EAGL. Ameritas Advisory Services LLC purchased a new position in Eagle Capital Select Equity ETF in the second quarter valued at $129,000. MSA Advisors LLC purchased a new stake in Eagle Capital Select Equity ETF during the 1st quarter worth about $154,000. Susquehanna International Group LLP acquired a new stake in Eagle Capital Select Equity ETF in the 3rd quarter valued at about $215,000. &PARTNERS acquired a new stake in Eagle Capital Select Equity ETF in the 4th quarter valued at about $219,000. Finally, Lavelle Capital LP purchased a new position in shares of Eagle Capital Select Equity ETF in the 1st quarter valued at about $255,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

About Eagle Capital Select Equity ETF

The Eagle Capital Select Equity ETF (EAGL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in value stocks from around the globe, selected based on the advisers estimate of long-term intrinsic value. The ETF converted from a separately managed account. EAGL was launched on Mar 21, 2024 and is issued by Eagle.