Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 61,038 shares, a decline of 34.0% from the May 14th total of 92,462 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 29,025 shares, the days-to-cover ratio is currently 2.1 days.
Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF
Several hedge funds and other institutional investors have recently modified their holdings of the company. Ascentis Independent Advisors bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF during the first quarter valued at approximately $76,000. Cooksen Wealth LLC increased its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after acquiring an additional 11,466 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after acquiring an additional 65,754 shares in the last quarter.
Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.3%
NYSEARCA DBEU opened at $53.03 on Tuesday. The company has a market cap of $787.50 million, a price-to-earnings ratio of 16.40 and a beta of 0.62. Xtrackers MSCI Europe Hedged Equity ETF has a 52 week low of $43.33 and a 52 week high of $53.30. The business has a 50 day moving average price of $51.17 and a 200-day moving average price of $49.81.
About Xtrackers MSCI Europe Hedged Equity ETF
The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted and currency-hedged index of companies in developed Europe. DBEU was launched on Oct 1, 2013 and is managed by Xtrackers.
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