Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Short Interest Up 340.2% in May

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 92,462 shares, a growth of 340.2% from the April 30th total of 21,006 shares. Based on an average daily trading volume, of 55,046 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.6% of the company’s shares are sold short.

Xtrackers MSCI Europe Hedged Equity ETF Trading Down 0.0%

Shares of NYSEARCA:DBEU traded down $0.02 on Friday, reaching $51.97. 17,672 shares of the company traded hands, compared to its average volume of 55,639. The business’s 50-day simple moving average is $50.24 and its 200 day simple moving average is $49.42. Xtrackers MSCI Europe Hedged Equity ETF has a 52 week low of $43.33 and a 52 week high of $52.51. The stock has a market capitalization of $771.75 million, a P/E ratio of 16.40 and a beta of 0.63.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DBEU. Ameriprise Financial Inc. grew its stake 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 buying an additional 65,754 shares during the last quarter. Cooksen Wealth LLC boosted 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 worth $2,106,000 after purchasing an additional 11,466 shares during the period. Ascentis Independent Advisors purchased a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF during the first quarter worth about $76,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% during the third quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after purchasing an additional 1,365 shares during the period.

Xtrackers MSCI Europe Hedged Equity ETF Company Profile

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.