Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) Sees Large Decline in Short Interest

Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 12,360 shares, a drop of 73.8% from the August 15th total of 47,260 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 39,400 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Xtrackers MSCI All World ex US Hedged Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp grew its stake in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 203.5% during the first quarter. Jones Financial Companies Lllp now owns 10,537 shares of the company’s stock worth $373,000 after purchasing an additional 7,065 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 40.1% during the 1st quarter. Sound Income Strategies LLC now owns 17,328 shares of the company’s stock worth $749,000 after acquiring an additional 4,957 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 4.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 387,236 shares of the company’s stock worth $14,178,000 after acquiring an additional 16,762 shares in the last quarter.

Xtrackers MSCI All World ex US Hedged Equity ETF Price Performance

Shares of Xtrackers MSCI All World ex US Hedged Equity ETF stock traded up $0.32 on Friday, reaching $47.97. 15,852 shares of the company were exchanged, compared to its average volume of 21,943. The stock’s 50 day moving average price is $48.06 and its 200-day moving average price is $46.38. Xtrackers MSCI All World ex US Hedged Equity ETF has a 1-year low of $38.84 and a 1-year high of $49.25. The company has a market cap of $290.22 million, a P/E ratio of 15.92 and a beta of 0.53.

About Xtrackers MSCI All World ex US Hedged Equity ETF

The Xtrackers MSCI All World ex U.S. Hedged Equity ETF (DBAW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap companies from developed and emerging markets, excluding the US. The fund hedges out its exposure to the underlying currencies, relative to the USD. DBAW was launched on Jan 23, 2014 and is managed by Xtrackers.