Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Short Interest Up 51.8% in July

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 11,866 shares, an increase of 51.8% from the July 15th total of 7,815 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 23,534 shares, the days-to-cover ratio is presently 0.5 days.

Xtrackers MSCI Europe Hedged Equity ETF Stock Down 0.3%

DBEU traded down $0.16 during trading on Tuesday, hitting $54.96. The company’s stock had a trading volume of 3,886 shares, compared to its average volume of 51,815. The firm has a market cap of $780.43 million, a PE ratio of 16.40 and a beta of 0.62. The business’s 50 day simple moving average is $53.88 and its 200-day simple moving average is $51.56. Xtrackers MSCI Europe Hedged Equity ETF has a one year low of $44.63 and a one year high of $55.63.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A number of institutional investors have recently bought and sold shares of DBEU. Ameriprise Financial Inc. raised its stake in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after purchasing an additional 65,754 shares during the period. Cooksen Wealth LLC raised its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after buying an additional 11,466 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter valued at approximately $76,000.

Xtrackers MSCI Europe Hedged Equity ETF Company Profile

The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted and currency-hedged index of companies in developed Europe. DBEU was launched on Oct 1, 2013 and is managed by Xtrackers.