Short Interest in Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Rises By 399.4%

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 129,753 shares, an increase of 399.4% from the July 30th total of 25,983 shares. Based on an average daily volume of 156,137 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of Eagle Capital Select Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Ameritas Advisory Services LLC acquired a new stake in Eagle Capital Select Equity ETF during the 2nd quarter valued at $129,000. XP Advisory US Inc. acquired a new stake in shares of Eagle Capital Select Equity ETF in the second quarter worth about $753,000. Lavelle Capital LP acquired a new stake in Eagle Capital Select Equity ETF in the 1st quarter worth approximately $255,000. Glenmede Trust Co. NA grew its stake in Eagle Capital Select Equity ETF by 10.9% in the 1st quarter. Glenmede Trust Co. NA now owns 1,942,324 shares of the company’s stock valued at $59,085,000 after buying an additional 191,024 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in Eagle Capital Select Equity ETF by 1,956.5% in the 1st quarter. Bank of America Corp DE now owns 53,572 shares of the company’s stock valued at $1,630,000 after buying an additional 50,967 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Eagle Capital Select Equity ETF Trading Up 1.3%

NYSEARCA:EAGL traded up $0.46 during mid-day trading on Friday, reaching $36.28. 106,395 shares of the stock were exchanged, compared to its average volume of 325,443. The business has a fifty day moving average price of $33.69 and a 200 day moving average price of $32.55. The firm has a market capitalization of $4.82 billion, a PE ratio of 19.27 and a beta of 0.75. Eagle Capital Select Equity ETF has a 1-year low of $29.23 and a 1-year high of $36.29.

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.