Short Interest in FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) Drops By 38.7%

FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 274 shares, a decline of 38.7% from the August 15th total of 447 shares. Based on an average daily trading volume, of 532 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

FlexShares STOXX Global ESG Select Index Fund Price Performance

Shares of ESGG stock opened at $238.82 on Friday. The business’s fifty day moving average price is $237.04 and its 200 day moving average price is $225.09. The firm has a market capitalization of $113.44 million, a PE ratio of 21.09 and a beta of 0.97. FlexShares STOXX Global ESG Select Index Fund has a 1-year low of $194.43 and a 1-year high of $243.58.

Hedge Funds Weigh In On FlexShares STOXX Global ESG Select Index Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. CoreCap Advisors LLC increased its holdings in shares of FlexShares STOXX Global ESG Select Index Fund by 5.7% in the 2nd quarter. CoreCap Advisors LLC now owns 9,228 shares of the company’s stock valued at $2,152,000 after purchasing an additional 494 shares in the last quarter. Western Wealth Management LLC purchased a new stake in FlexShares STOXX Global ESG Select Index Fund during the first quarter worth about $44,000. Forefront Analytics LLC boosted its holdings in FlexShares STOXX Global ESG Select Index Fund by 92.4% during the first quarter. Forefront Analytics LLC now owns 44,239 shares of the company’s stock worth $8,843,000 after buying an additional 21,240 shares in the last quarter. Cetera Investment Advisers grew its position in FlexShares STOXX Global ESG Select Index Fund by 8.1% during the first quarter. Cetera Investment Advisers now owns 5,791 shares of the company’s stock worth $1,158,000 after buying an additional 432 shares during the period. Finally, HighTower Advisors LLC grew its position in FlexShares STOXX Global ESG Select Index Fund by 8.2% during the fourth quarter. HighTower Advisors LLC now owns 4,415 shares of the company’s stock worth $906,000 after buying an additional 336 shares during the period.

FlexShares STOXX Global ESG Select Index Fund Company Profile

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