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 decline in short interest during the month of April. As of April 30th, there was short interest totaling 322 shares, a decline of 40.1% from the April 15th total of 538 shares. Based on an average daily volume of 3,971 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Xtrackers MSCI EAFE Selection Equity ETF Price Performance

Shares of NYSEARCA EASG traded up $0.32 during trading hours on Monday, hitting $37.36. 1,423 shares of the company’s stock were exchanged, compared to its average volume of 3,061. Xtrackers MSCI EAFE Selection Equity ETF has a 1-year low of $32.20 and a 1-year high of $38.48. The stock has a market capitalization of $67.25 million, a price-to-earnings ratio of 17.39 and a beta of 0.83. The company’s 50-day moving average price is $36.29 and its 200-day moving average price is $36.15.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Selection Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ascentis Independent Advisors bought a new position in Xtrackers MSCI EAFE Selection Equity ETF during the first quarter valued at about $31,000. Princeton Global Asset Management LLC increased its stake in Xtrackers MSCI EAFE Selection Equity ETF by 67.4% during the first quarter. Princeton Global Asset Management LLC now owns 3,724 shares of the company’s stock valued at $131,000 after acquiring 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 during the third quarter valued at about $1,037,000.

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).