Short Interest in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Increases By 96.3%

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) was the target of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 92,972 shares, an increase of 96.3% from the February 26th total of 47,357 shares. Based on an average daily volume of 41,322 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp increased its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after purchasing an additional 1,365 shares in the last quarter. Cooksen Wealth LLC increased its position in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after buying an additional 11,466 shares in the last quarter. Flow Traders U.S. LLC raised its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 289.7% in the second quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock worth $4,342,000 after buying an additional 73,230 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after buying an additional 65,754 shares in the last quarter.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

Shares of NYSEARCA:DBEU traded down $0.33 during trading on Friday, hitting $47.12. The company’s stock had a trading volume of 39,351 shares, compared to its average volume of 49,109. The company has a 50-day moving average of $49.65 and a 200-day moving average of $48.14. Xtrackers MSCI Europe Hedged Equity ETF has a 12 month low of $38.58 and a 12 month high of $51.84. The firm has a market cap of $650.26 million, a price-to-earnings ratio of 16.40 and a beta of 0.71.

About Xtrackers MSCI Europe Hedged Equity ETF

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.