FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) Short Interest Up 587.7% in August

FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 447 shares, an increase of 587.7% from the July 30th total of 65 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 553 shares, the short-interest ratio is presently 0.8 days.

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

Several hedge funds have recently bought and sold shares of ESGG. Forefront Analytics LLC increased its stake in FlexShares STOXX Global ESG Select Index Fund by 92.4% in the first quarter. Forefront Analytics LLC now owns 44,239 shares of the company’s stock worth $8,843,000 after purchasing an additional 21,240 shares during the period. Jane Street Group LLC boosted its stake in shares of FlexShares STOXX Global ESG Select Index Fund by 18.7% during the first quarter. Jane Street Group LLC now owns 11,204 shares of the company’s stock valued at $1,902,000 after purchasing an additional 1,767 shares during the period. Susquehanna International Group LLP grew its holdings in shares of FlexShares STOXX Global ESG Select Index Fund by 8.9% in the third quarter. Susquehanna International Group LLP now owns 10,958 shares of the company’s stock worth $2,163,000 after purchasing an additional 892 shares during the last quarter. Citadel Advisors LLC grew its holdings in shares of FlexShares STOXX Global ESG Select Index Fund by 537.0% in the third quarter. Citadel Advisors LLC now owns 10,689 shares of the company’s stock worth $2,110,000 after purchasing an additional 9,011 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in FlexShares STOXX Global ESG Select Index Fund by 4.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,001 shares of the company’s stock worth $1,875,000 after buying an additional 410 shares during the period.

FlexShares STOXX Global ESG Select Index Fund Price Performance

Shares of BATS:ESGG opened at $240.54 on Friday. The firm has a market capitalization of $114.26 million, a PE ratio of 21.09 and a beta of 0.97. The business has a 50 day simple moving average of $234.73 and a two-hundred day simple moving average of $222.28. FlexShares STOXX Global ESG Select Index Fund has a 1 year low of $190.38 and a 1 year high of $243.58.

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.