Short Interest in Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Declines By 44.2%

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 26,875 shares, a decrease of 44.2% from the November 30th total of 48,168 shares. Based on an average daily volume of 158,945 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 158,945 shares, the days-to-cover ratio is presently 0.2 days.

Eagle Capital Select Equity ETF Price Performance

Shares of NYSEARCA EAGL traded down $0.09 during midday trading on Monday, reaching $32.78. 338,365 shares of the company traded hands, compared to its average volume of 181,802. The company has a market cap of $3.44 billion, a price-to-earnings ratio of 19.27 and a beta of 0.77. The stock has a 50-day moving average price of $31.89 and a 200 day moving average price of $31.02. Eagle Capital Select Equity ETF has a 52 week low of $24.58 and a 52 week high of $32.90.

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EAGL. Cresset Asset Management LLC bought a new position in Eagle Capital Select Equity ETF during the 2nd quarter valued at $114,229,000. CIBC Bancorp USA Inc. acquired a new position in Eagle Capital Select Equity ETF during the third quarter worth about $55,420,000. Brown Advisory Inc. grew its holdings in Eagle Capital Select Equity ETF by 162.6% during the second quarter. Brown Advisory Inc. now owns 2,499,969 shares of the company’s stock worth $75,449,000 after acquiring an additional 1,547,799 shares during the period. BCS Private Wealth Management Inc. bought a new stake in Eagle Capital Select Equity ETF in the second quarter worth about $30,716,000. Finally, Rector Church Wardens & Vestrymen of Trinity Church in the City of New York lifted its holdings in Eagle Capital Select Equity ETF by 24.1% in the 3rd quarter. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York now owns 4,238,092 shares of the company’s stock valued at $132,483,000 after acquiring an additional 821,687 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

About Eagle Capital Select Equity ETF

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.