Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) Short Interest Update

by · The Cerbat Gem

Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM – Get Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 84,733 shares, an increase of 180.1% from the June 30th total of 30,247 shares. Based on an average daily trading volume, of 35,211 shares, the days-to-cover ratio is currently 2.4 days. Currently, 3.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Xtrackers MSCI Emerging Markets Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Ameriprise Financial Inc. raised its holdings in Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM – Free Report) by 12.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,591 shares of the company’s stock after purchasing an additional 16,227 shares during the quarter. Ameriprise Financial Inc. owned 5.98% of Xtrackers MSCI Emerging Markets Hedged Equity ETF worth $4,525,000 as of its most recent filing with the Securities and Exchange Commission.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Trading Down 0.4%

Shares of NYSEARCA:DBEM traded down $0.14 during midday trading on Monday, hitting $37.42. The stock had a trading volume of 1,489 shares, compared to its average volume of 12,883. The company has a market capitalization of $104.78 million, a PE ratio of 14.32 and a beta of 0.57. The stock has a 50 day moving average price of $40.02 and a two-hundred day moving average price of $37.13. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a 1 year low of $27.69 and a 1 year high of $42.63.

About Xtrackers MSCI Emerging Markets Hedged Equity ETF

(Get Free Report)

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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