Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) Sees Significant Increase in Short Interest

Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 30,247 shares, an increase of 139.5% from the June 15th total of 12,630 shares. Based on an average daily trading volume, of 13,914 shares, the short-interest ratio is presently 2.2 days. Approximately 1.2% of the shares of the company are short sold.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Stock Performance

Shares of DBEM remained flat at $39.12 during mid-day trading on Wednesday. The stock had a trading volume of 7,747 shares, compared to its average volume of 13,332. The stock has a market capitalization of $101.71 million, a P/E ratio of 14.32 and a beta of 0.57. The company’s fifty day moving average price is $40.22 and its two-hundred day moving average price is $36.83. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a one year low of $27.69 and a one year high of $42.63.

Hedge Funds Weigh In On Xtrackers MSCI Emerging Markets Hedged Equity ETF

An institutional investor recently raised its position in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Ameriprise Financial Inc. raised its holdings in shares of Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) by 12.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 146,591 shares of the company’s stock after purchasing an additional 16,227 shares during the period. Ameriprise Financial Inc. owned about 5.98% of Xtrackers MSCI Emerging Markets Hedged Equity ETF worth $4,525,000 as of its most recent SEC filing.

About Xtrackers MSCI Emerging Markets Hedged Equity ETF

The Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of emerging firms hedged for currency exposure. DBEM was launched on Jun 9, 2011 and is managed by Xtrackers.