Short Interest in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Grows By 1,193.5%

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 86,172 shares, a growth of 1,193.5% from the April 30th total of 6,662 shares. Based on an average daily trading volume, of 26,192 shares, the days-to-cover ratio is currently 3.3 days. Approximately 1.5% of the company’s stock are short sold.

Institutional Investors Weigh In On Xtrackers MSCI Japan Hedged Equity ETF

An institutional investor recently raised its position in Xtrackers MSCI Japan Hedged Equity ETF stock. Flow Traders U.S. LLC lifted its position in shares of Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 57.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,642 shares of the company’s stock after purchasing an additional 14,807 shares during the period. Flow Traders U.S. LLC owned 0.86% of Xtrackers MSCI Japan Hedged Equity ETF worth $3,454,000 at the end of the most recent quarter.

Xtrackers MSCI Japan Hedged Equity ETF Price Performance

NYSEARCA:DBJP traded down $0.52 on Wednesday, hitting $111.61. 34,470 shares of the company’s stock were exchanged, compared to its average volume of 37,771. The firm has a 50-day moving average price of $105.84 and a 200-day moving average price of $101.08. Xtrackers MSCI Japan Hedged Equity ETF has a 52 week low of $73.85 and a 52 week high of $112.47. The company has a market cap of $647.34 million, a P/E ratio of 14.69 and a beta of 0.48.

Xtrackers MSCI Japan Hedged Equity ETF Company Profile

The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Japanese stocks. The fund is hedged against Japanese yen (JPY) currency fluctuations. DBJP was launched on Jun 9, 2011 and is managed by Xtrackers.