Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Short Interest Down 48.9% in May

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJPGet Free Report) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 44,018 shares, a decline of 48.9% from the May 14th total of 86,172 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily volume of 22,616 shares, the days-to-cover ratio is currently 1.9 days.

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. Ameriprise Financial Inc. boosted its holdings in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJPFree Report) by 8.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 at the end of the most recent quarter.

Xtrackers MSCI Japan Hedged Equity ETF Trading Up 0.8%

DBJP stock traded up $0.94 during mid-day trading on Friday, reaching $112.89. The company’s stock had a trading volume of 12,741 shares, compared to its average volume of 37,677. The company has a market cap of $654.76 million, a price-to-earnings ratio of 14.69 and a beta of 0.49. The business’s 50 day moving average price is $108.69 and its 200 day moving average price is $102.73. Xtrackers MSCI Japan Hedged Equity ETF has a 12 month low of $73.85 and a 12 month high of $114.44.

Xtrackers MSCI Japan Hedged Equity ETF Company Profile

(Get Free Report)

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.

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