Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Sees Significant Increase in Short Interest

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 57,483 shares, a growth of 523.9% from the July 30th total of 9,213 shares. Based on an average trading volume of 13,661 shares, the short-interest ratio is presently 4.2 days. Approximately 0.9% of the company’s stock are sold short.

Hedge Funds Weigh In On Xtrackers MSCI Japan Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. lifted its holdings in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,798 shares of the company’s stock after buying an additional 787 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.20% of Xtrackers MSCI Japan Hedged Equity ETF worth $749,000 as of its most recent SEC filing.

Xtrackers MSCI Japan Hedged Equity ETF Stock Performance

Shares of DBJP traded up $0.43 on Thursday, reaching $115.81. The stock had a trading volume of 3,819 shares, compared to its average volume of 37,563. Xtrackers MSCI Japan Hedged Equity ETF has a 12-month low of $81.66 and a 12-month high of $119.15. The firm has a market capitalization of $706.44 million, a price-to-earnings ratio of 14.69 and a beta of 0.50. The company has a 50-day simple moving average of $114.42 and a 200-day simple moving average of $109.49.

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.