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

FlexShares STOXX US ESG Select Index Fund (BATS:ESG) saw a significant growth in short interest in 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. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 647 shares, the short-interest ratio is currently 1.7 days.

Institutional Investors Weigh In On FlexShares STOXX US ESG Select Index Fund

Several large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its position in FlexShares STOXX US ESG Select Index Fund by 46.5% in the 4th quarter. Farther Finance Advisors LLC now owns 293 shares of the company’s stock valued at $46,000 after buying an additional 93 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of FlexShares STOXX US ESG Select Index Fund by 4.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,844 shares of the company’s stock worth $439,000 after buying an additional 124 shares during the period. Cetera Investment Advisers lifted its holdings in shares of FlexShares STOXX US ESG Select Index Fund by 4.6% in the 1st quarter. Cetera Investment Advisers now owns 3,551 shares of the company’s stock worth $539,000 after buying an additional 157 shares during the period. SGL Investment Advisors Inc. lifted its holdings in shares of FlexShares STOXX US ESG Select Index Fund by 2.9% in the 4th quarter. SGL Investment Advisors Inc. now owns 6,189 shares of the company’s stock worth $983,000 after buying an additional 176 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of FlexShares STOXX US ESG Select Index Fund by 2.8% in the 1st quarter. Royal Bank of Canada now owns 6,538 shares of the company’s stock worth $879,000 after buying an additional 179 shares during the period.

FlexShares STOXX US ESG Select Index Fund Price Performance

BATS ESG opened at $172.65 on Wednesday. The stock has a market capitalization of $142.44 million, a PE ratio of 24.02 and a beta of 1.04. The business has a 50 day simple moving average of $166.09 and a two-hundred day simple moving average of $160.90. FlexShares STOXX US ESG Select Index Fund has a 1-year low of $141.69 and a 1-year high of $178.03.

FlexShares STOXX US ESG Select Index Fund Company Profile

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.