First Eagle Overseas Equity ETF (NYSE:FEOE) Stock Short Interest Report for September

First Eagle Overseas Equity ETF (NYSE:FEOE) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 50,868 shares, a drop of 86.2% from the September 15th total of 367,902 shares. Based on an average daily volume of 214,810 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

First Eagle Overseas Equity ETF Price Performance

NYSE:FEOE traded up $0.36 during mid-day trading on Friday, reaching $54.41. The stock had a trading volume of 181,388 shares, compared to its average volume of 270,128. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 16.06 and a beta of 0.37. First Eagle Overseas Equity ETF has a 1-year low of $45.50 and a 1-year high of $57.70. The stock’s 50 day simple moving average is $55.36 and its two-hundred day simple moving average is $53.92.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FEOE. Farther Finance Advisors LLC lifted its stake in First Eagle Overseas Equity ETF by 20.4% during the third quarter. Farther Finance Advisors LLC now owns 79,554 shares of the company’s stock worth $4,278,000 after purchasing an additional 13,488 shares during the last quarter. Valeo Financial Advisors LLC increased its stake in First Eagle Overseas Equity ETF by 14.4% during the third quarter. Valeo Financial Advisors LLC now owns 49,533 shares of the company’s stock valued at $2,663,000 after purchasing an additional 6,236 shares during the last quarter. Leo H. Evart Inc. increased its stake in First Eagle Overseas Equity ETF by 2.5% during the second quarter. Leo H. Evart Inc. now owns 14,118 shares of the company’s stock valued at $754,000 after purchasing an additional 350 shares during the last quarter. Continuum Advisory LLC raised its holdings in shares of First Eagle Overseas Equity ETF by 10.9% during the second quarter. Continuum Advisory LLC now owns 238,288 shares of the company’s stock worth $12,725,000 after purchasing an additional 23,471 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of First Eagle Overseas Equity ETF by 83.6% in the 1st quarter. Parallel Advisors LLC now owns 18,836 shares of the company’s stock worth $950,000 after buying an additional 8,576 shares during the last quarter.

About First Eagle Overseas Equity ETF

The First Eagle Overseas Equity ETF (FEOE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in equities of non-US companies. Utilizing a value investment approach, it seeks firms with a margin of safety, prioritizing those trading below intrinsic value to mitigate risks FEOE was launched on Dec 19, 2024 and is issued by First Eagle.