Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) Sees Large Growth in Short Interest

Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 40,555 shares, a growth of 55.6% from the February 12th total of 26,072 shares. Based on an average trading volume of 6,108 shares, the short-interest ratio is presently 6.6 days. Approximately 3.5% of the shares of the company are sold short. Approximately 3.5% of the shares of the company are sold short. Based on an average trading volume of 6,108 shares, the short-interest ratio is presently 6.6 days.

Hedge Funds Weigh In On Xtrackers MSCI Eurozone Hedged Equity ETF

A hedge fund recently bought a new stake in Xtrackers MSCI Eurozone Hedged Equity ETF stock. Flow Traders U.S. LLC bought a new position in Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 28,699 shares of the company’s stock, valued at approximately $1,529,000. Flow Traders U.S. LLC owned 2.24% of Xtrackers MSCI Eurozone Hedged Equity ETF as of its most recent SEC filing.

Xtrackers MSCI Eurozone Hedged Equity ETF Stock Performance

Shares of NYSEARCA DBEZ traded down $0.33 during midday trading on Friday, reaching $55.16. The stock had a trading volume of 1,784 shares, compared to its average volume of 6,728. The company has a market capitalization of $63.99 million, a price-to-earnings ratio of 16.08 and a beta of 0.85. The stock has a 50-day moving average of $57.35 and a 200-day moving average of $55.04. Xtrackers MSCI Eurozone Hedged Equity ETF has a 12-month low of $43.39 and a 12-month high of $59.62.

Xtrackers MSCI Eurozone Hedged Equity ETF Company Profile

The Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from eurozone nations and hedges out the currency fluctuations of the euro relative to the US dollar. DBEZ was launched on Dec 10, 2014 and is managed by Xtrackers.