Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 49,264 shares, a drop of 44.6% from the August 31st total of 88,877 shares. Approximately 1.7% of the company’s stock are short sold. Based on an average daily volume of 7,265 shares, the short-interest ratio is presently 6.8 days.
Hedge Funds Weigh In On Xtrackers MSCI Emerging Markets Hedged Equity ETF
An institutional investor recently bought a new stake in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Trust Co. of Vermont purchased a new position in shares of Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 800 shares of the company’s stock, valued at approximately $33,000.
Xtrackers MSCI Emerging Markets Hedged Equity ETF Stock Down 0.7%
DBEM stock traded down $0.27 during midday trading on Wednesday, reaching $39.14. The stock had a trading volume of 3,120 shares, compared to its average volume of 11,396. The firm has a market cap of $111.55 million, a price-to-earnings ratio of 14.32 and a beta of 0.59. The business has a fifty day simple moving average of $38.88 and a two-hundred day simple moving average of $38.49. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a twelve month low of $30.17 and a twelve month high of $45.42.
Xtrackers MSCI Emerging Markets Hedged Equity ETF Company Profile
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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