Xtrackers MSCI EAFE Selection Equity ETF (NYSEARCA:EASG) Sees Large Drop in Short Interest

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

Hedge Funds Weigh In On Xtrackers MSCI EAFE Selection Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Ascentis Independent Advisors bought a new stake in Xtrackers MSCI EAFE Selection Equity ETF in the first quarter valued at about $31,000. Flow Traders U.S. LLC acquired a new position in Xtrackers MSCI EAFE Selection Equity ETF in the third quarter worth about $1,037,000. Finally, Princeton Global Asset Management LLC lifted its stake in 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.

Xtrackers MSCI EAFE Selection Equity ETF Trading Down 0.0%

EASG stock traded down $0.01 during midday trading on Monday, hitting $38.73. The stock had a trading volume of 2,942 shares, compared to its average volume of 3,038. Xtrackers MSCI EAFE Selection Equity ETF has a 52 week low of $32.92 and a 52 week high of $41.59. The stock has a 50-day simple moving average of $38.75 and a 200 day simple moving average of $37.66. The firm has a market capitalization of $67.78 million, a price-to-earnings ratio of 17.39 and a beta of 0.82.

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).