Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Sees Significant Drop in Short Interest

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 7,609 shares, a decline of 82.7% from the May 31st total of 44,018 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 38,831 shares, the days-to-cover ratio is currently 0.2 days.

Xtrackers MSCI Japan Hedged Equity ETF Trading Up 1.0%

NYSEARCA DBJP opened at $114.36 on Friday. The stock has a market cap of $663.29 million, a PE ratio of 14.69 and a beta of 0.49. Xtrackers MSCI Japan Hedged Equity ETF has a 12 month low of $75.14 and a 12 month high of $118.75. The company’s 50-day moving average price is $110.58 and its 200-day moving average price is $104.25.

Institutional Trading of Xtrackers MSCI Japan Hedged Equity ETF

An institutional investor recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. boosted its position in shares of Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,798 shares of the company’s stock after purchasing an additional 787 shares during the quarter. Ameriprise Financial Inc. owned about 0.20% of Xtrackers MSCI Japan Hedged Equity ETF worth $749,000 as of its most recent filing with the Securities & Exchange Commission.

About Xtrackers MSCI Japan Hedged Equity ETF

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.