Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) Sees Large Drop in Short Interest

Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 12,360 shares, a decline of 73.8% from the August 15th total of 47,260 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 39,400 shares, the short-interest ratio is presently 0.3 days.

Xtrackers MSCI All World ex US Hedged Equity ETF Trading Up 0.7%

DBAW stock traded up $0.32 on Friday, hitting $47.97. 15,852 shares of the company’s stock traded hands, compared to its average volume of 21,943. The stock has a market cap of $290.22 million, a price-to-earnings ratio of 15.92 and a beta of 0.53. Xtrackers MSCI All World ex US Hedged Equity ETF has a 1-year low of $38.84 and a 1-year high of $49.25. The stock has a fifty day moving average of $48.06 and a 200-day moving average of $46.38.

Institutional Investors Weigh In On Xtrackers MSCI All World ex US Hedged Equity ETF

Large investors have recently modified their holdings of the stock. Jones Financial Companies Lllp lifted its holdings in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 203.5% during the first quarter. Jones Financial Companies Lllp now owns 10,537 shares of the company’s stock valued at $373,000 after purchasing an additional 7,065 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Xtrackers MSCI All World ex US Hedged Equity ETF by 4.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 387,236 shares of the company’s stock worth $14,178,000 after purchasing an additional 16,762 shares in the last quarter. Finally, Sound Income Strategies LLC raised its holdings in Xtrackers MSCI All World ex US Hedged Equity ETF by 40.1% during the 1st quarter. Sound Income Strategies LLC now owns 17,328 shares of the company’s stock worth $749,000 after buying an additional 4,957 shares during the period.

Xtrackers MSCI All World ex US Hedged Equity ETF Company Profile

The Xtrackers MSCI All World ex U.S. Hedged Equity ETF (DBAW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap companies from developed and emerging markets, excluding the US. The fund hedges out its exposure to the underlying currencies, relative to the USD. DBAW was launched on Jan 23, 2014 and is managed by Xtrackers.