Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) Short Interest Up 139.5% in June

Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) saw a large increase in short interest in 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 volume of 13,914 shares, the short-interest ratio is presently 2.2 days. Currently, 1.2% of the company’s stock are sold short.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Trading Up 0.7%

NYSEARCA DBEM traded up $0.29 during mid-day trading on Tuesday, hitting $38.98. The company’s stock had a trading volume of 1,079 shares, compared to its average volume of 13,351. The firm has a market capitalization of $101.35 million, a price-to-earnings ratio of 14.32 and a beta of 0.57. The company’s 50 day simple moving average is $40.23 and its 200 day simple moving average is $36.73. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a twelve month low of $27.69 and a twelve month high of $42.63.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Ameriprise Financial Inc. lifted 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 institutional investor owned 146,591 shares of the company’s stock after acquiring an additional 16,227 shares during the period. Ameriprise Financial Inc. owned approximately 5.98% of Xtrackers MSCI Emerging Markets Hedged Equity ETF worth $4,525,000 at the end of the most recent reporting period.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Company Profile

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.