Short Interest in Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Declines By 84.1%

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 68,152 shares, a drop of 84.1% from the July 30th total of 428,299 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 378,082 shares, the days-to-cover ratio is presently 0.2 days.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Performance

NYSEARCA:DBEF traded up $0.08 during trading hours on Friday, reaching $55.92. The company’s stock had a trading volume of 407,207 shares, compared to its average volume of 605,050. The firm has a market capitalization of $9.34 billion, a price-to-earnings ratio of 16.43 and a beta of 0.57. The firm has a 50-day simple moving average of $55.12 and a 200-day simple moving average of $52.71. Xtrackers MSCI EAFE Hedged Equity ETF has a 1 year low of $44.99 and a 1 year high of $56.84.

Hedge Funds Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Western Wealth Management LLC lifted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 3.8% in the fourth quarter. Western Wealth Management LLC now owns 6,291 shares of the exchange traded fund’s stock valued at $303,000 after purchasing an additional 232 shares during the last quarter. Golden State Wealth Management LLC increased its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 7.3% in the fourth quarter. Golden State Wealth Management LLC now owns 5,967 shares of the exchange traded fund’s stock worth $287,000 after buying an additional 406 shares during the period. AdvisorNet Financial Inc increased its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 13.4% in the first quarter. AdvisorNet Financial Inc now owns 4,207 shares of the exchange traded fund’s stock worth $208,000 after buying an additional 496 shares during the period. Tanglewood Legacy Advisors LLC increased its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 1.2% in the fourth quarter. Tanglewood Legacy Advisors LLC now owns 43,322 shares of the exchange traded fund’s stock worth $2,084,000 after buying an additional 512 shares during the period. Finally, CoreCap Advisors LLC raised its holdings in Xtrackers MSCI EAFE Hedged Equity ETF by 155.1% during the 2nd quarter. CoreCap Advisors LLC now owns 847 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 515 shares during the last quarter.

Xtrackers MSCI EAFE Hedged Equity ETF Company Profile

The Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market equities excluding North America. It is hedged for currency exposure from a USD point of view. DBEF was launched on Jun 9, 2011 and is managed by Xtrackers.