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

FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 83 shares, a decline of 69.9% from the April 30th total of 276 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,205 shares, the days-to-cover ratio is presently 0.0 days.

FlexShares STOXX Global ESG Select Index Fund Price Performance

Shares of ESGG stock traded up $1.74 on Friday, hitting $232.42. The stock had a trading volume of 37 shares, compared to its average volume of 973. The firm has a market capitalization of $110.40 million, a P/E ratio of 21.09 and a beta of 0.97. FlexShares STOXX Global ESG Select Index Fund has a 1 year low of $177.75 and a 1 year high of $232.42. The company’s 50 day moving average price is $214.50 and its 200-day moving average price is $209.29.

Institutional Investors Weigh In On FlexShares STOXX Global ESG Select Index Fund

Several institutional investors and hedge funds have recently modified their holdings of ESGG. Forefront Analytics LLC purchased a new stake in shares of FlexShares STOXX Global ESG Select Index Fund in the 3rd quarter valued at $4,811,000. Citadel Advisors LLC raised its holdings in shares of FlexShares STOXX Global ESG Select Index Fund by 537.0% in the 3rd quarter. Citadel Advisors LLC now owns 10,689 shares of the company’s stock valued at $2,110,000 after buying an additional 9,011 shares during the period. Cetera Investment Advisers raised its holdings in shares of FlexShares STOXX Global ESG Select Index Fund by 168.5% in the 2nd quarter. Cetera Investment Advisers now owns 3,767 shares of the company’s stock valued at $707,000 after buying an additional 2,364 shares during the period. Jane Street Group LLC raised its holdings in shares of FlexShares STOXX Global ESG Select Index Fund by 18.7% in the 1st quarter. Jane Street Group LLC now owns 11,204 shares of the company’s stock valued at $1,902,000 after buying an additional 1,767 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new stake in shares of FlexShares STOXX Global ESG Select Index Fund in the 2nd quarter valued at $300,000.

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.