FlexShares STOXX US ESG Select Index Fund (BATS:ESG) Sees Significant Increase in Short Interest

FlexShares STOXX US ESG Select Index Fund (BATS:ESG) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,104 shares, a growth of 3,054.3% from the May 14th total of 35 shares. Based on an average trading volume of 647 shares, the short-interest ratio is currently 1.7 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of FlexShares STOXX US ESG Select Index Fund

Several institutional investors have recently added to or reduced their stakes in ESG. Farther Finance Advisors LLC boosted its holdings in FlexShares STOXX US ESG Select Index Fund by 46.5% in the fourth quarter. Farther Finance Advisors LLC now owns 293 shares of the company’s stock valued at $46,000 after acquiring an additional 93 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of FlexShares STOXX US ESG Select Index Fund during the 4th quarter worth approximately $47,000. Values Added Financial LLC bought a new position in shares of FlexShares STOXX US ESG Select Index Fund during the 4th quarter worth approximately $201,000. Two Sigma Investments LP bought a new position in shares of FlexShares STOXX US ESG Select Index Fund during the 3rd quarter worth approximately $278,000. Finally, Dynamic Advisor Solutions LLC boosted its holdings in shares of FlexShares STOXX US ESG Select Index Fund by 13.8% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 1,945 shares of the company’s stock worth $308,000 after buying an additional 236 shares in the last quarter.

FlexShares STOXX US ESG Select Index Fund Price Performance

Shares of ESG stock opened at $170.50 on Thursday. The business’s 50 day simple moving average is $166.54 and its 200 day simple moving average is $161.04. FlexShares STOXX US ESG Select Index Fund has a one year low of $141.69 and a one year high of $178.03. The stock has a market capitalization of $140.66 million, a PE ratio of 24.02 and a beta of 1.04.

About FlexShares STOXX US ESG Select Index Fund

The FlexShares STOXX US ESG Select Index Fund (ESG) is an exchange-traded fund that is based on the STOXX USA ESG Select KPIs index. The fund follows a principles-based index composed of US-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. ESG was launched on Jul 13, 2016 and is managed by FlexShares.