Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Short Interest Up 1,193.5% in May

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 86,172 shares, an increase of 1,193.5% from the April 30th total of 6,662 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average trading volume of 26,192 shares, the days-to-cover ratio is currently 3.3 days.

Xtrackers MSCI Japan Hedged Equity ETF Stock Down 0.5%

Shares of DBJP opened at $111.61 on Thursday. The company has a 50-day moving average price of $105.84 and a two-hundred day moving average price of $101.08. The stock has a market cap of $647.34 million, a price-to-earnings ratio of 14.69 and a beta of 0.48. Xtrackers MSCI Japan Hedged Equity ETF has a 12 month low of $73.85 and a 12 month high of $112.47.

Institutional Trading of Xtrackers MSCI Japan Hedged Equity ETF

An institutional investor recently raised its position in Xtrackers MSCI Japan Hedged Equity ETF stock. Flow Traders U.S. LLC raised its stake in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 57.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,642 shares of the company’s stock after acquiring an additional 14,807 shares during the period. Flow Traders U.S. LLC owned about 0.86% of Xtrackers MSCI Japan Hedged Equity ETF worth $3,454,000 as of its most recent SEC filing.

Xtrackers MSCI Japan Hedged Equity ETF Company Profile

The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Japanese stocks. The fund is hedged against Japanese yen (JPY) currency fluctuations. DBJP was launched on Jun 9, 2011 and is managed by Xtrackers.