Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) Short Interest Update

Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 26,264 shares, a decrease of 30.4% from the March 15th total of 37,746 shares. Based on an average daily trading volume, of 7,807 shares, the days-to-cover ratio is currently 3.4 days. Approximately 1.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Ameriprise Financial Inc. lifted its stake in shares of Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) by 12.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 146,591 shares of the company’s stock after purchasing an additional 16,227 shares during the quarter. Ameriprise Financial Inc. owned 5.98% of Xtrackers MSCI Emerging Markets Hedged Equity ETF worth $4,525,000 as of its most recent SEC filing.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Price Performance

NYSEARCA DBEM traded up $0.03 on Wednesday, reaching $37.05. The stock had a trading volume of 9,285 shares, compared to its average volume of 13,683. The firm has a fifty day moving average of $35.05 and a two-hundred day moving average of $33.23. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a 1-year low of $24.04 and a 1-year high of $38.00. The company has a market cap of $94.48 million, a P/E ratio of 14.32 and a beta of 0.50.

About Xtrackers MSCI Emerging Markets Hedged Equity ETF

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.