FlexShares STOXX US ESG Select Index Fund (BATS:ESG) Shares Shorted: Short Interest Up 185.1% in October

FlexShares STOXX US ESG Select Index Fund (BATS:ESG) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 499 shares, a growth of 185.1% from the October 15th total of 175 shares. Based on an average trading volume of 975 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

FlexShares STOXX US ESG Select Index Fund Stock Performance

ESG opened at $183.21 on Friday. The stock has a market capitalization of $137.41 million, a price-to-earnings ratio of 21.98 and a beta of 1.01. FlexShares STOXX US ESG Select Index Fund has a fifty-two week low of $148.19 and a fifty-two week high of $185.46. The company has a fifty day moving average of $181.46 and a 200 day moving average of $171.63.

Hedge Funds Weigh In On FlexShares STOXX US ESG Select Index Fund

A number of institutional investors have recently modified their holdings of the stock. Jacobi Capital Management LLC bought a new position in FlexShares STOXX US ESG Select Index Fund in the third quarter worth approximately $27,000. Cetera Investment Advisers increased its holdings in FlexShares STOXX US ESG Select Index Fund by 4.6% in the first quarter. Cetera Investment Advisers now owns 3,551 shares of the company’s stock valued at $539,000 after buying an additional 157 shares in the last quarter. Tompkins Financial Corp acquired a new position in FlexShares STOXX US ESG Select Index Fund during the third quarter worth $39,000. Go Invest LLC purchased a new position in FlexShares STOXX US ESG Select Index Fund in the 3rd quarter valued at $111,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of FlexShares STOXX US ESG Select Index Fund in the second quarter valued at approximately $212,000.

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.