Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) Short Interest Up 144.0% in June
by Sarita Garza · The Markets DailyXtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 93,702 shares, a growth of 144.0% from the May 31st total of 38,397 shares. Currently, 1.7% of the company’s stock are sold short. Based on an average trading volume of 19,398 shares, the short-interest ratio is presently 4.8 days.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Sound Income Strategies LLC bought a new position in shares of Xtrackers MSCI All World ex US Hedged Equity ETF in the fourth quarter worth $535,000. Ameriprise Financial Inc. lifted its position in Xtrackers MSCI All World ex US Hedged Equity ETF by 4.5% during the second 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 during the period. Finally, Jones Financial Companies Lllp grew its stake in 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 worth $373,000 after buying an additional 7,065 shares in the last quarter.
Xtrackers MSCI All World ex US Hedged Equity ETF Price Performance
Shares of DBAW traded up $0.58 during mid-day trading on Tuesday, hitting $48.48. 13,783 shares of the company’s stock were exchanged, compared to its average volume of 17,241. Xtrackers MSCI All World ex US Hedged Equity ETF has a 52 week low of $36.50 and a 52 week high of $49.25. The company has a market cap of $271.49 million, a PE ratio of 15.92 and a beta of 0.53. The company has a 50-day simple moving average of $46.85 and a 200 day simple moving average of $44.43.
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.
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