FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) Stock Short Interest Rises 18,438.2%

FlexShares STOXX Global ESG Select Index Fund (BATS:ESGG) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 24,285 shares, a growth of 18,438.2% from the September 15th total of 131 shares. Based on an average daily volume of 5,558 shares, the short-interest ratio is currently 4.4 days. Currently, 5.1% of the shares of the stock are sold short.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of ESGG. Forefront Analytics LLC increased its stake in shares of FlexShares STOXX Global ESG Select Index Fund by 92.4% in the 1st quarter. Forefront Analytics LLC now owns 44,239 shares of the company’s stock valued at $8,843,000 after buying an additional 21,240 shares during the period. CoreCap Advisors LLC boosted its holdings in FlexShares STOXX Global ESG Select Index Fund by 5.5% in the third quarter. CoreCap Advisors LLC now owns 9,733 shares of the company’s stock valued at $2,316,000 after acquiring an additional 505 shares during the last quarter. Cetera Investment Advisers increased its position in FlexShares STOXX Global ESG Select Index Fund by 8.1% in the first quarter. Cetera Investment Advisers now owns 5,791 shares of the company’s stock worth $1,158,000 after purchasing an additional 432 shares during the period. Finally, Western Wealth Management LLC acquired a new stake in FlexShares STOXX Global ESG Select Index Fund in the first quarter worth about $44,000.

FlexShares STOXX Global ESG Select Index Fund Stock Performance

Shares of BATS ESGG traded up $1.20 during mid-day trading on Friday, hitting $240.03. 447 shares of the stock were exchanged, compared to its average volume of 996. FlexShares STOXX Global ESG Select Index Fund has a twelve month low of $194.43 and a twelve month high of $243.58. The stock’s fifty day simple moving average is $239.50 and its two-hundred day simple moving average is $228.74. The company has a market cap of $114.01 million, a P/E ratio of 21.09 and a beta of 0.97.

FlexShares STOXX Global ESG Select Index Fund Company Profile

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