FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) Sees Significant Decrease in Short Interest

FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,057 shares, a decrease of 95.6% from the September 30th total of 24,285 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 675 shares, the short-interest ratio is presently 1.6 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of ESGG. Western Wealth Management LLC bought a new stake in shares of FlexShares STOXX Global ESG Select Index Fund in the first quarter worth $44,000. Sigma Planning Corp purchased a new position in FlexShares STOXX Global ESG Select Index Fund in the third quarter worth about $355,000. Cetera Investment Advisers boosted its position in FlexShares STOXX Global ESG Select Index Fund by 8.1% in the first quarter. Cetera Investment Advisers now owns 5,791 shares of the company’s stock worth $1,158,000 after purchasing an additional 432 shares during the last quarter. CoreCap Advisors LLC boosted its position in FlexShares STOXX Global ESG Select Index Fund by 5.7% in the second quarter. CoreCap Advisors LLC now owns 9,228 shares of the company’s stock worth $2,152,000 after purchasing an additional 494 shares during the last quarter. Finally, Arlington Financial Advisors LLC purchased a new position in FlexShares STOXX Global ESG Select Index Fund in the third quarter worth about $3,088,000.

FlexShares STOXX Global ESG Select Index Fund Stock Up 1.0%

ESGG opened at $239.84 on Wednesday. The stock has a market capitalization of $113.92 million, a price-to-earnings ratio of 21.09 and a beta of 0.97. The firm has a 50 day moving average price of $238.96 and a 200-day moving average price of $224.40. FlexShares STOXX Global ESG Select Index Fund has a twelve month low of $194.43 and a twelve month high of $243.58.

About FlexShares STOXX Global ESG Select Index Fund

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.