Short Interest in Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Grows By 55.9%

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 134,477 shares, a growth of 55.9% from the January 29th total of 86,269 shares. Based on an average trading volume of 349,486 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 349,486 shares, the days-to-cover ratio is currently 0.4 days.

Eagle Capital Select Equity ETF Price Performance

NYSEARCA EAGL opened at $32.07 on Friday. The company’s 50 day simple moving average is $32.64 and its 200 day simple moving average is $31.86. Eagle Capital Select Equity ETF has a 12 month low of $24.58 and a 12 month high of $33.88. The company has a market capitalization of $3.67 billion, a P/E ratio of 19.27 and a beta of 0.77.

Eagle Capital Select Equity ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.1784 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 55.0%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in EAGL. Ameritas Advisory Services LLC acquired a new stake in Eagle Capital Select Equity ETF in the 3rd quarter valued at about $94,000. Susquehanna International Group LLP bought a new stake in shares of Eagle Capital Select Equity ETF during the third quarter valued at approximately $215,000. &PARTNERS acquired a new stake in shares of Eagle Capital Select Equity ETF in the fourth quarter valued at approximately $219,000. HB Wealth Management LLC bought a new position in Eagle Capital Select Equity ETF in the 3rd quarter worth approximately $383,000. Finally, Bank of America Corp DE acquired a new position in Eagle Capital Select Equity ETF during the 2nd quarter worth $383,000. Institutional investors and hedge funds 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.