Short Interest in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Expands By 687.5%

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 59,921 shares, an increase of 687.5% from the June 15th total of 7,609 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily volume of 63,477 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Xtrackers MSCI Japan Hedged Equity ETF

A hedge fund recently raised its position in Xtrackers MSCI Japan Hedged Equity ETF stock. Flow Traders U.S. LLC lifted its position in shares of Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 57.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,642 shares of the company’s stock after acquiring an additional 14,807 shares during the quarter. Flow Traders U.S. LLC owned approximately 0.86% of Xtrackers MSCI Japan Hedged Equity ETF worth $3,454,000 at the end of the most recent reporting period.

Xtrackers MSCI Japan Hedged Equity ETF Trading Up 0.8%

DBJP stock traded up $0.96 during mid-day trading on Friday, hitting $115.60. The stock had a trading volume of 37,803 shares, compared to its average volume of 43,139. Xtrackers MSCI Japan Hedged Equity ETF has a 52 week low of $75.29 and a 52 week high of $118.75. The firm has a market capitalization of $693.60 million, a P/E ratio of 14.69 and a beta of 0.49. The firm has a fifty day simple moving average of $112.37 and a 200 day simple moving average of $105.76.

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.