Short Interest in Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Decreases By 40.1%

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 96,982 shares, a decline of 40.1% from the June 30th total of 161,897 shares. Based on an average trading volume of 368,500 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Eagle Capital Select Equity ETF Stock Performance

Shares of NYSEARCA:EAGL traded up $0.12 during midday trading on Thursday, hitting $33.48. 92,987 shares of the stock were exchanged, compared to its average volume of 350,614. Eagle Capital Select Equity ETF has a 52-week low of $29.20 and a 52-week high of $33.94. The business’s fifty day simple moving average is $32.74 and its two-hundred day simple moving average is $32.25. The company has a market capitalization of $4.45 billion, a PE ratio of 19.27 and a beta of 0.77.

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. MSA Advisors LLC acquired a new stake in shares of Eagle Capital Select Equity ETF during the 1st quarter valued at about $154,000. Susquehanna International Group LLP bought a new position in Eagle Capital Select Equity ETF during the third quarter valued at approximately $215,000. &PARTNERS acquired a new stake in Eagle Capital Select Equity ETF in the fourth quarter valued at approximately $219,000. Lavelle Capital LP acquired a new stake in Eagle Capital Select Equity ETF in the first quarter valued at approximately $255,000. Finally, Bank of America Corp DE bought a new stake in Eagle Capital Select Equity ETF in the second quarter worth approximately $383,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Eagle Capital Select Equity ETF Company Profile

The Eagle Capital Select Equity ETF (EAGL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in value stocks from around the globe, selected based on the advisers estimate of long-term intrinsic value. The ETF converted from a separately managed account. EAGL was launched on Mar 21, 2024 and is issued by Eagle.