Xtrackers MSCI EAFE Selection Equity ETF (NYSEARCA:EASG) Short Interest Update

Xtrackers MSCI EAFE Selection Equity ETF (NYSEARCA:EASG) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 4,451 shares, a drop of 61.9% from the August 15th total of 11,673 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 2,811 shares, the short-interest ratio is presently 1.6 days.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Selection Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of EASG. Flow Traders U.S. LLC acquired a new position in shares of Xtrackers MSCI EAFE Selection Equity ETF in the 3rd quarter valued at about $1,037,000. Princeton Global Asset Management LLC boosted its holdings in shares of Xtrackers MSCI EAFE Selection Equity ETF by 67.4% during the first quarter. Princeton Global Asset Management LLC now owns 3,724 shares of the company’s stock worth $131,000 after purchasing an additional 1,500 shares during the period. Finally, Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI EAFE Selection Equity ETF during the first quarter worth approximately $31,000.

Xtrackers MSCI EAFE Selection Equity ETF Stock Performance

Shares of EASG stock traded up $0.35 on Friday, reaching $38.74. 2,942 shares of the company’s stock traded hands, compared to its average volume of 3,038. The company has a market capitalization of $67.80 million, a P/E ratio of 17.39 and a beta of 0.82. Xtrackers MSCI EAFE Selection Equity ETF has a 12-month low of $32.92 and a 12-month high of $41.59. The business’s 50 day moving average price is $38.75 and its two-hundred day moving average price is $37.66.

About Xtrackers MSCI EAFE Selection Equity ETF

The Xtrackers MSCI EAFE Selection Equity ETF (EASG) seeks investment results that generally correspond, before fees and expenses, to the performance of the MSCI EAFE Selection Index. Effective Feb. 3, 2025, the fund changed its name from the Xtrackers MSCI EAFE ESG Leaders Equity ETF, and its underlying index was renamed from the MSCI EAFE ESG Leaders Index to the MSCI EAFE Selection Index; there were no changes to the index methodology or the fund’s investment policies. The index is designed to provide exposure to companies across developed markets outside the United States and Canada that demonstrate high ESG performance relative to their sector peers, based on the broader MSCI EAFE Index (Europe, Australia, and Far East).