Short Interest in Xtrackers MSCI EAFE Selection Equity ETF (NYSEARCA:EASG) Declines By 40.1%

Xtrackers MSCI EAFE Selection Equity ETF (NYSEARCA:EASG) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 322 shares, a decrease of 40.1% from the April 15th total of 538 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,971 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Selection Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Ascentis Independent Advisors bought a new position in Xtrackers MSCI EAFE Selection Equity ETF in the 1st quarter worth $31,000. Princeton Global Asset Management LLC raised its holdings in Xtrackers MSCI EAFE Selection Equity ETF by 67.4% in the 1st 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. Finally, Flow Traders U.S. LLC bought a new position in Xtrackers MSCI EAFE Selection Equity ETF in the 3rd quarter worth $1,037,000.

Xtrackers MSCI EAFE Selection Equity ETF Stock Performance

Shares of NYSEARCA EASG traded down $0.12 during midday trading on Tuesday, hitting $37.24. 504 shares of the stock traded hands, compared to its average volume of 3,034. The firm has a 50-day moving average of $36.29 and a two-hundred day moving average of $36.15. The firm has a market capitalization of $67.03 million, a P/E ratio of 17.39 and a beta of 0.83. Xtrackers MSCI EAFE Selection Equity ETF has a one year low of $32.20 and a one year high of $38.48.

Xtrackers MSCI EAFE Selection Equity ETF Company Profile

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).