Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Large Drop in Short Interest

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 5,346 shares, a decline of 54.9% from the July 30th total of 11,866 shares. Based on an average trading volume of 66,849 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the first quarter valued at $76,000. Cooksen Wealth LLC raised its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after buying an additional 11,466 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after buying an additional 65,754 shares in the last quarter.

Xtrackers MSCI Europe Hedged Equity ETF Trading Down 0.6%

NYSEARCA DBEU traded down $0.34 during trading hours on Monday, reaching $54.53. 11,594 shares of the company’s stock were exchanged, compared to its average volume of 49,980. The stock has a market cap of $774.33 million, a PE ratio of 16.40 and a beta of 0.62. Xtrackers MSCI Europe Hedged Equity ETF has a one year low of $44.63 and a one year high of $55.63. The firm has a fifty day moving average of $54.25 and a 200-day moving average of $51.88.

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.