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

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) saw a significant drop in short interest in the month of 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. Based on an average trading volume of 378,082 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

Shares of NYSEARCA:DBEF traded down $0.10 on Wednesday, hitting $55.99. The company’s stock had a trading volume of 242,030 shares, compared to its average volume of 607,043. Xtrackers MSCI EAFE Hedged Equity ETF has a 1 year low of $44.99 and a 1 year high of $56.84. The company has a 50-day simple moving average of $55.06 and a 200 day simple moving average of $52.64. The company has a market capitalization of $9.35 billion, a PE ratio of 16.43 and a beta of 0.57.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its position in Xtrackers MSCI EAFE Hedged Equity ETF by 1,299.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,477 shares of the exchange traded fund’s stock worth $108,000 after purchasing an additional 2,300 shares during the period. Captrust Financial Advisors grew its position in Xtrackers MSCI EAFE Hedged Equity ETF by 1.2% during the 2nd quarter. Captrust Financial Advisors now owns 68,967 shares of the exchange traded fund’s stock worth $3,017,000 after acquiring an additional 792 shares during the last quarter. Triumph Capital Management purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the 3rd quarter worth approximately $26,000. NewEdge Advisors LLC lifted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 1.9% in the third quarter. NewEdge Advisors LLC now owns 383,566 shares of the exchange traded fund’s stock valued at $17,805,000 after purchasing an additional 7,325 shares during the last quarter. Finally, Western Wealth Management LLC boosted its stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 3.8% during 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 period.

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.