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

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

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

Large investors have recently modified their holdings of the business. Ameritas Advisory Services LLC acquired a new position in shares of Eagle Capital Select Equity ETF during the second quarter worth $129,000. MSA Advisors LLC acquired a new stake in Eagle Capital Select Equity ETF in the first quarter valued at $154,000. Susquehanna International Group LLP bought a new position in Eagle Capital Select Equity ETF during the 3rd quarter worth $215,000. &PARTNERS bought a new position in Eagle Capital Select Equity ETF during the 4th quarter worth $219,000. Finally, Lavelle Capital LP bought a new position in Eagle Capital Select Equity ETF during the 1st quarter worth $255,000. Institutional investors own 65.27% of the company’s stock.

Eagle Capital Select Equity ETF Stock Performance

Shares of Eagle Capital Select Equity ETF stock traded down $0.19 on Wednesday, hitting $35.78. The stock had a trading volume of 84,434 shares, compared to its average volume of 327,964. The stock has a 50 day moving average of $33.53 and a 200 day moving average of $32.49. The firm has a market capitalization of $4.75 billion, a P/E ratio of 19.27 and a beta of 0.75. Eagle Capital Select Equity ETF has a twelve month low of $29.23 and a twelve month high of $36.05.

Eagle Capital Select Equity ETF Company Profile

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.