Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) Sees Large Drop in Short Interest

Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 12,630 shares, a decline of 64.5% from the May 31st total of 35,604 shares. Based on an average trading volume of 6,757 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.5% of the company’s shares are short sold.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Trading Down 0.4%

Shares of DBEM stock opened at $40.40 on Friday. The stock has a market cap of $103.02 million, a price-to-earnings ratio of 14.32 and a beta of 0.57. The stock has a 50-day moving average of $39.71 and a 200-day moving average of $36.07. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a 1-year low of $26.96 and a 1-year high of $42.63.

Institutional Investors Weigh In On Xtrackers MSCI Emerging Markets Hedged Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Trust Co. of Vermont acquired a new stake in shares of Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 800 shares of the company’s stock, valued at approximately $25,000.

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.