Short Interest in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Decreases By 54.9%

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 5,346 shares, a drop of 54.9% from the July 30th total of 11,866 shares. Based on an average daily trading volume, of 66,849 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the second 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 in the last quarter. Cooksen Wealth LLC raised its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after purchasing an additional 11,466 shares during the period. Finally, Ascentis Independent Advisors bought a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF during the first quarter worth $76,000.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.1%

Shares of DBEU stock traded up $0.07 on Friday, reaching $54.87. The company had a trading volume of 23,926 shares, compared to its average volume of 50,213. The stock has a market cap of $779.15 million, a PE ratio of 16.40 and a beta of 0.62. The company has a 50-day moving average of $54.25 and a 200-day moving average of $51.87. Xtrackers MSCI Europe Hedged Equity ETF has a 12 month low of $44.63 and a 12 month high of $55.63.

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.