Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM – Get Free Report) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 12,630 shares, a decrease of 64.5% from the May 31st total of 35,604 shares. Based on an average daily volume of 6,757 shares, the short-interest ratio is currently 1.9 days. Currently, 0.5% of the shares of the stock are sold short.
Institutional Investors Weigh In On Xtrackers MSCI Emerging Markets Hedged Equity ETF
A hedge fund recently raised its position in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Ameriprise Financial Inc. grew its holdings in Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM – Free Report) by 12.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,591 shares of the company’s stock after purchasing an additional 16,227 shares during the period. Ameriprise Financial Inc. owned approximately 5.98% of Xtrackers MSCI Emerging Markets Hedged Equity ETF worth $4,525,000 as of its most recent SEC filing.
Xtrackers MSCI Emerging Markets Hedged Equity ETF Stock Up 2.0%
NYSEARCA:DBEM traded up $0.82 during trading hours on Tuesday, reaching $41.13. 14,258 shares of the company’s stock were exchanged, compared to its average volume of 11,557. The company has a market capitalization of $104.88 million, a P/E ratio of 14.32 and a beta of 0.57. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a 12 month low of $27.14 and a 12 month high of $42.63. The business’s 50-day simple moving average is $39.78 and its two-hundred day simple moving average is $36.16.
About Xtrackers MSCI Emerging Markets Hedged Equity ETF
The Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of emerging firms hedged for currency exposure. DBEM was launched on Jun 9, 2011 and is managed by Xtrackers.
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