Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Sees Significant Decline in Short Interest

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEUGet Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 61,038 shares, a drop of 34.0% from the May 14th total of 92,462 shares. Based on an average daily volume of 29,025 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.4% of the shares of the company are short sold.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.5%

Shares of NYSEARCA DBEU opened at $53.30 on Thursday. The business’s 50 day moving average price is $51.32 and its 200 day moving average price is $49.89. The firm has a market cap of $791.51 million, a P/E ratio of 16.40 and a beta of 0.62. Xtrackers MSCI Europe Hedged Equity ETF has a 52 week low of $43.33 and a 52 week high of $53.53.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ascentis Independent Advisors acquired a new position in Xtrackers MSCI Europe Hedged Equity ETF during the first quarter valued at $76,000. Ameriprise Financial Inc. raised its stake in shares of 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 valued at $4,842,000 after buying an additional 65,754 shares during the last quarter. Finally, Cooksen Wealth LLC lifted its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd 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 period.

About Xtrackers MSCI Europe Hedged Equity ETF

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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.

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