Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) Short Interest Down 64.5% in June

Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 12,630 shares, a drop of 64.5% from the May 31st total of 35,604 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 6,757 shares, the days-to-cover ratio is currently 1.9 days.

Hedge Funds Weigh In On Xtrackers MSCI Emerging Markets Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Ameriprise Financial Inc. increased its position in Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) by 12.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 146,591 shares of the company’s stock after buying an additional 16,227 shares during the quarter. Ameriprise Financial Inc. owned 5.98% of Xtrackers MSCI Emerging Markets Hedged Equity ETF worth $4,525,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Xtrackers MSCI Emerging Markets Hedged Equity ETF Stock Performance

Shares of NYSEARCA:DBEM opened at $40.40 on Friday. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a 52-week low of $26.96 and a 52-week high of $42.63. The firm has a fifty day moving average of $39.71 and a 200 day moving average of $36.07. The firm has a market capitalization of $103.02 million, a PE ratio of 14.32 and a beta of 0.57.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Company Profile

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.