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

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) was the recipient of a large drop in short interest in 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 trading volume of 66,849 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. grew its stake in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after buying an additional 65,754 shares in the last quarter. Cooksen Wealth LLC increased its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in 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 during the period. Finally, Ascentis Independent Advisors acquired a new position in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter valued at approximately $76,000.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.1%

NYSEARCA DBEU traded up $0.07 during midday trading on Friday, hitting $54.87. The company had a trading volume of 23,926 shares, compared to its average volume of 50,213. The firm has a 50-day moving average price of $54.25 and a 200-day moving average price of $51.87. The company has a market capitalization of $779.15 million, a PE ratio of 16.40 and a beta of 0.62. Xtrackers MSCI Europe Hedged Equity ETF has a twelve month low of $44.63 and a twelve 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.