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

by · The Cerbat Gem

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU – Get Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1,770 shares, a decrease of 66.9% from the August 15th total of 5,346 shares. Based on an average daily trading volume, of 16,615 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in DBEU. Ascentis Independent Advisors purchased a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the first quarter worth $76,000. Cooksen Wealth LLC grew its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after acquiring an additional 11,466 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after purchasing an additional 65,754 shares during the period.

Xtrackers MSCI Europe Hedged Equity ETF Trading Up 0.7%

Xtrackers MSCI Europe Hedged Equity ETF stock traded up $0.40 during trading hours on Friday, hitting $53.87. 27,176 shares of the stock traded hands, compared to its average volume of 49,153. The company has a market cap of $764.95 million, a PE ratio of 16.40 and a beta of 0.61. The firm’s 50-day moving average price is $54.38 and its two-hundred day moving average price is $52.13. Xtrackers MSCI Europe Hedged Equity ETF has a one year low of $44.99 and a one year high of $55.63.

About Xtrackers MSCI Europe Hedged Equity ETF

(Get Free Report)

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.

See Also